-
GM to pay $900 million over ignition switches
- September 17, 2015
- Posted by: Simon Wait
- Category: Industry News
General Motors has agreed to pay $900 million (£581 million) and sign a deferred-prosecution agreement to end a US government investigation into its handling of an ignition-switch flaw linked to 124 deaths. The arrangement means GM will be charged criminally with hiding the defect from regulators and in the process defrauding consumers, but the case [...]