/ Blog/ Update On GM Ignition Switch Product Liability News
The number of injuries and deaths linked to GM’s faulty ignition switches continue to mount. On Monday, July 20, administrators of a fund set up by the automaker to compensate victims updated the totals.
So far, fund administrators agree that 124 fatalities and 269 injuries resulted from faulty ignition switches, according to a report in U.S. News. Attorney Kenneth Feinberg oversees General Motors’ ignition switch compensation fund.
General Motors previously recalled 2005-2010 Chevrolet Cobalts built with the faulty switches. According to NHTSA, other recalled vehicles include the 2003-2007 Saturn Ion, 2007-2010 Pontiac G5, 2006-2011 Chevrolet HHR, 2006-2010 Pontiac Solstice and 2007-2010 Saturn Sky. General Motors maintains a complete list of recalled vehicles on its corporate website.
The company has previously acknowledged that employees knew of the problem for approximately 10 years before it issued the 2014 recall.
GM says that the fund administrators received 4,342 claims before the January 31, 2015, deadline. In approximately 84 percent of the cases, fund administrators decided that claimants were not eligible for compensation.
A spokesperson for the fund says that 319 compensation offers have been thus far extended to victims and survivors. In 227 cases, claimants accepted GM compensation offers. Victims or their survivors rejected the offers in six cases. Others are still considering the GM offers.
Complex issues may arise in automotive product liability cases. It is important for a consumer to understand all legal options when injury or loss of life is reasonably linked to a faulty part or vehicle. Our firm offers a free case evaluation. For further information about our legal services, please contact us.
March 15, 2017
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