GM and Justice Department Reach Settlement Over Faulty Ignition Switches

September 16, 2015 11:28 PM

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The Justice Department has reached a settlement with General Motors over the issue of faulty ignition switches that led to over 100 deaths and hundreds of injuries, according to officials familiar with the case.

The Justice Department will announce the settlement Thursday at a news conference in New York. It will include a fine of hundreds of millions of dollars, the officials say.

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