GM Settles Ignition-Switch Lawsuits

September 17, 2015 2:20 PM

32 2

GM Settles Ignition-Switch Lawsuits

Auto maker expects to take a $575 million charge in the third quarter as a result

General Motors Co. GM 0.91 % settled nearly 1,400 lawsuits tied to a defective ignition switch and other recalls, as the auto maker looks to move past the safety lapse on multiple fronts.

Also read: SEC: Man Hid Money to Avoid Paying $6M Fine in Fraud Case

Read more

To category page

Loading...