General Motors announced recalls of more than 8.4 million vehicles worldwide, most of those for faulty ignition switches.
That amounts to the company's largest single day of recalls this year. In addition to the ignition-switch recalls, the automaker is recalling vehicles for faulty wiring and fasteners.
GM offered at least $1 million Monday to the families of those who died as a result of a defect in GM cars. The company has come under criticism for a decade-long delay in publicly revealing an ignition-switch flaw. Ref. CNN
GM issues six new recalls affecting 719,950 vehicles
The largest of the recalls involve Chevy Camaro, Chevy Equinox, GMC Terrain, Cadillac SRX and Buick Regal and LaCrosse equipped with power height adjustable driver or front passenger seat structures. Ref. USAToday
Nineteen deaths have been linked to a flaw in ignition switches in General Motors vehicles, according to the attorney overseeing a compensation fund for victims.
"Already there are more deaths than GM said from Day One," Attorney Ken Feinberg told CNNMoney. "Of course there will be additional eligible deaths; how many is pure speculation, but there will be eligible death claims."
GM initially said 13 deaths were tied to the problem, which went unreported for a decade, years after company engineers discovered it. Ref. CNN
GM will pay $900 million to settle a criminal probe over its delayed recall of flawed ignition switches, according to court documents. At least 124 deaths are blamed on the problem. No GM executives have been charged in the probe. Ref. CNN