General Motors» residual values weren't affected
by ignition switch recalls, and Toyota's car values returned to normal within a year of an unintended acceleration crisis.
Not exact matches
Feinberg, who most recently advised on compensation issues related to the Boston Marathon bombing, was hired
by GM as a consultant to advise the automaker how to respond to families of accident victims whose vehicles are being
recalled for possible
ignition switch defects.
Ford Motor Company has the three largest
recalls,
by far, on the list, due to electrical components -
ignition switches in 1981 and cruise - control
switches in 1999 - that were installed across the company's entire lineup.
In 2015, Schwartz was appointed the independent monitor
by the U.S. Department of Justice to oversee General Motors» compliance with a deferred prosecution agreement stemming from its
recall of defective
ignition switches.
By Bernie Woodall and Paul Lienert DETROIT, June 30 (Reuters)- General Motors Co's ongoing safety crisis over deadly ignition switches deepened on Monday with the recall of 8.23 million mostly older cars linked by the U.S. automaker to three death
By Bernie Woodall and Paul Lienert DETROIT, June 30 (Reuters)- General Motors Co's ongoing safety crisis over deadly
ignition switches deepened on Monday with the
recall of 8.23 million mostly older cars linked
by the U.S. automaker to three death
by the U.S. automaker to three deaths.
The issue, which may primarily affect drivers sitting close to the steering column, was discovered
by GM during internal testing following the
ignition switch recall earlier this year.
If you're among the more than 235,000 vehicle owners affected
by General Motor's Canadian
ignition switch recall, you don't have to sit idly
by while replacement parts are manufactured, shipped and installed — a process that could take months.
The Cochran Firm, D.C. is accepting cases
by individuals who suffered injuries and drove a GM vehicle subject to the
ignition switch recall.