GM nears settlement with Justice Department on defect scandal

September 16, 2015 11:28 PM

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GM allowed the ignition-switch defect to linger for more than a decade until it was disclosed in early 2014.

General Motors is close to announcing that it has reached a settlement to resolve a federal criminal investigation into its handling of a deadly ignition-switch defect blamed for more than 120 deaths and massive recalls, according to a person with knowledge of the case.

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