Page 8 - Ignition Switch News Today

Gm will offer at least $1 million to families of victims who died in crashes caused by the faulty ignition switch. it is connections to at least 13. the auto maker will offer $100,000 for each surviving adult and child. i sat down with a victim compensation expert and the architect in this plan. here is part of what he told me. >> this program is to compensate victims. if you want punitive damages. if you are determined to wage a litigation war against gm and try to secure millions in damages, d...

Again. this recall 8 million cars. >> reporter: this mark the single biggest day of recalls for general motors. all year were talking more than 8.4 million cars. a lot of them in the u.s. and a lot of them because of another defective ignition switch. thats straight ahead. yet. eature a car that can see trouble... ...and stop itself to avoid it. when the insurance institute for highway safety tested front crash prevention nobody beat subaru models with eyesight. not honda. not ford or any other ...

President trying to shift some of his focus to the economy. hes set to deliver remarks calling on congressmen to create much needed jobs. president obama says he is willing to take that action as well, without congress, if he has to. already under a microscope due to a faulty ignition switch, gm is recalling an additional 8.4 million vehicles because of a similar defect. the latest involves older models dating back to 1987. the crashes havent been linked with the ignition problem. gm recalled ...

Corporations have a right to exercise their religion. >> they say a profit making company can have. >> i find it deeply disturbing. >> general motors announcing another round of recalls linked to the faulty ignition switch. >> you know the smile on your face when frosty the snowman came back to life? thats how i felt when toronto mayor rob ford came back. >> nigeria go marching on. >> the second time germany will advance and will face france. hes back. jozy altidore will be ready to play again...

Recalls affecting a total of 8.4 million vehicle. this brings the current total of recalls in the u.s. to more than 27 million so far this year alone. that number is nearing the 30.8 million record for recalls set in 2004. that tally was for all auto makers, not just a single brand. the newest recall is mostly for ignition switch defects. popular mobile dating app tinder is being sued for sexual discrimination. she was the subject of abusive behavior, inappropriate messages while at the compan...

Worse, general motors issuing another recall, this time more than 8 million cars worldwide. the company says most of the recalls are because of a defect with ignition switches. sound familiar? thats because its the same problem the company failed to disclose for more than a decade. just yesterday gm offered to pay at least $1 million to each family who lost loved ones because of the problem. the latest cars recalleds have been linked to three deaths, seven crashes and eight injuries. in all gm r...

After 9/11, he held hundreds of hearings with victims family members, so i think, you know, likely hes going to hold hearings again here to determine if these people are indeed counted. the difference is in the bp oil spill. you know who died enwho was inju injured as a result of the explosion. here it is legal fighting back and forth. did the ignition switch cause the crash or something else that caused the crash. ken feinberg it sounds like will be the one who has to determine that, that takes...

Sue gm. they have to weigh that. also, gm is not including in this contributory negligence. if someone was texting, speeding, intoxicated when the crash happened, gm -- fineburg is not looking at this in this. hes saying if the ignition switch was mainly at fault here, than they deserve compensation. theyre going to get it. thats a really interesting caveat. >> my jaw just dropped hearing that sound bite from ken fineburg. because up until now, this has been -- this has created so much consterna...

Pretty poor substitute. its the limits of what we can do unfortunately. we cant bring people back. we cant restore limbs. its the best we can do. >> poppy harlow has been following the story and joins me now. kenneth fineberg, of the 9/11 victims fund, bp oil spill. are these figures in line with what we were expecting? >> he gave examples. if someones younger and they died, their potential earnings were much higher. if they were severely injured, a child, gave a range of $2.2 million to $7 mill...

Handling these claims unveiled the payout plan today. some key parts -- there is no limit to how much gm will pay, but the arbitrator -- not the company -- will decide how much each victim gets. it could range from thousands to millions of dollars in some cases. you know several people lost their lives as a result of these ignition switches. youve got the drivers, passengers, pedestrians, all of whom are able to file claims against gm in this. but to be compensated they must prove that the ignit...