BREAKING NEWS

BREAKING NEWS

GM to settle state ignition claims for $120 million

Now Reading:

GM to settle state ignition claims for $120 million

Text size Aa Aa

WASHINGTON (Reuters) – General Motors Co <GM.N> on Thursday agreed to pay $120 million (£91.1 million) to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general said. The largest U.S. automaker had previously paid about $2.5 billion in penalties and settlements over faulty ignition switches that could cause engines to stall and prevent airbags from deploying in crashes. The defect has been linked to 124 deaths and 275 injuries, and prompted a recall that began in February 2014. GM did not immediately comment on Thursday.

(Reporting by David Shepardson)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.