With sweeping recall and compensation plan, GM tries to stanch bleeding
The compensation plan has ‘no limit,’ but prescribes amounts to be paid out. The new recall adds 8.4 million additional vehicles to the automaker’s 2014 recall list.
Among these recalled vehicles, GM is aware of seven crashes, eight injuries and three fatalities. The fatal crashes occurred in older model full-size sedans being recalled for inadvertent ignition key rotation. There is no conclusive evidence that the defect condition caused those crashes.
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