Report: Criminal actions found in GM ignition switch case
Source: USA Today
Chris Woodyard
The Justice Department has found criminal wrongdoing by General Motors in failing to disclose its ignition-switch defect that has cost at least 104 lives, the New York Times reported Friday night.
The discovery could put General Motors on track for a record fine in addition to the millions it is paying out to victims and to cover the cost of replacing 2.6 million switches in older-model cars.
The Times, quoting "people briefed on the inquiry," says the discovery of criminal wrongdoing is likely to lead to a record fine, perhaps as soon as this summer. It notes that GM's determination to acknowledge the defect and get through the investigation puts it contrast to Toyota, which paid $1.2 billion in fines for concealing reports of unintended acceleration in vehicles.
The wide-ranging investigation into GM's switch case has also included a look at whether GM deliberately failed to disclose the issue during its 2009 bankruptcy reorganization proceedings, the Times says.
FULL story at link.
This undated photo provided by The Cooper Firm shows Brooke Melton's Chevrolet Cobalt after the crash in which she was killed. allegedly because of a faulty ignition switch
(Photo: AP)
Read more: http://www.usatoday.com/story/money/cars/2015/05/22/gm-ignition-switches-criminal/27822305/
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