Old Gm News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chrysler, is that right? >> that's right. recalls today from the traffic bureau. you're going to know these brands. on and on it goes. more is happening. more people getting hurt. people saying we're on top of this, we're taking care of this. they knew about this at gm 11 years ago. 11 years ago. >> and didn't do anything. >> and didn't do anything. a culture of neglect and as we're hearing per mary barra and everybody else, we screwed up. >> now we've got to believe we've got a new ceo and everything is fine now. >> he's worked at the company for 30 years. >> she worked at that company 30 yea...

Definitely try to lift the bankruptcy and try to get as much money as possible for my client. any good attorney would do that. and even though they have a fund they're setting up, you have to look at the details. what the big print gives, the small print takes away. it's possible if you sign on to this fund, you may release your rights in order to go back and sue them again in the future, if more information is disclosed. >> david, you heard lauren talk about the old gm. the new gm is heavily invested in by the american taxpayer. basically every american has an interest in what happens here. i...

The story. >> quickly, poppy, if you would, that fund that feinberg is going to be administering, how soon account families of the 13 victims expect to see money and how much money are we talking? >> reporter: we don't know how much. they didn't give a number today. feinberg is going to accept family -- basically, applications for this come august 1st. it's going to be a long, drawn-out process. but bankruptcy complicates this. technically, under bankruptcy law, the new gm is not liable for the sins of the old gm and they are not waving that protection. we're going to see if these go to court ...

Because reuters is reporting this morning that at least 74 people died in gm cars because of these faulty ignition switches. >> right. we actually got a response from gm about that number. gm is sticking to their guns on this one. they say despite what reuters is reporting, as far as they are concerned the number of deaths linked to the ignition switch recall stand at 13. people are taking issue with the way reuters calculated their number and they went through a data base looking at car accidents that occurred under similar circumstances to the car accidents that led to those 13 deaths. for g...

She's leading this company. she keeps talking about the new gm and the new safety culture at gm even as there's criticism. one thing to remember, though, she has been at the company 30 years. her entire career. so some people are saying she's doing a great job talking about the new gm but she's also part of the old gm. >> talking about the old gm, they've got to look at what was the cause of these mistakes, these safety issues. was with it a culture, was it oversight, lack of regulation, that's something they're going to be looking at. >> absolutely. many years of record numbers of car product...