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TRUCKS RECALLS * USA: GM's ones
* Michigan - GM recall problems won't go away soon
Detroit,MICH,USA -The Detroit News, by Daniel Howes -September 18, 2014: -- Back-channel word from General Motors Co. is that the ignition-switch scandal responsible for 19 deaths, the firing of 15 company insiders and four rounds of congressional thrashings is in the rear-view mirror now... Not so fast. Compensation czar Kenneth Feinberg says he's received 131 death claims — 10 times the tally GM confirmed in a decade-long screw up. And Monday he upped the official death tally nearly 50 percent from the 13 the automaker confirmed to federal regulators... Tuesday, a Senate committee hammered the director of the National Highway Traffic Safety Administration for lax oversight of the GM's defective switch investigation. The odyssey stretches back more than a decade, implicating both regulators and the automaker's siloed engineering, safety and legal management... Feinberg issued his first report on claims he began receiving Aug. 1. His office told The Detroit News that it would update the numbers weekly, including approved death claims that are certain to make headlines even if they don't adhere to the strict definition GM used in response to specific questions from congressional investigators...
* DC- GM compensation fund death claims hit 131
Washington,DC,USA -The Detroit News, by David Shepardson -September 16, 2014: -- General Motors Co. victim compensation fund has seen a sharp increase in claims since Friday, including six additional death claims... The fund has now received 482 claims, including 131 death claims... The breakdown includes 62 claims for very serious injuries and 289 for more minor injuries... The fund — which started receiving claims on Aug. 1 and will accept them through Dec. 31 — said Monday it had approved 19 death claims and 12 other claims, including four serious injury claims... The claims stem from GM’s delayed recall of 2.6 million Chevrolet Cobalts, Saturn Ions and other cars with faulty ignition switches that can accidentally turn off the engine and disable power steering, power brakes and air bags. Some at the automaker knew of problems for more than a decade before the cars were recalled... The fund will pay at least $1 million for each death claim, along with $300,000 payments to surviving spouses and children for pain and suffering. In addition, it will calculate the economic value of the life lost... GM has set aside $400 million to pay claims but said the total could hit $600 million. GM and Feinberg have repeatedly stressed that there is no cap on total claims...
Labels: trucks recalls
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