General Motors will now compensate the families of over 74 people that were killed in accidents that were caused by defective ignition switches. Kenneth Feinberg, the attorney for General Motors handling claims of injuries and deaths, has been totaling up the number of claims that are able to earn compensation as of Monday. The total number is now at 74, up from 67 last week.
Another 126 people were injured by the problems with the ignition switches, and will be eligible for compensation as well. The fund from General Motors received 4,342 claims by the deadline of January 31. Currently, 1,326 are still under review by General Motors attorneys. Feinberg stated around half of the claims were ineligible for payout due to lack of documentation.
It was reported that General Motors knew about the ignition switch problems in Chevrolet Cobalts and others in the small car range for over a decade. Though, they only recalled them as of 2014. According to the engineering department of the automotive giant, the switch can come out of the “on” position, turning off the engine and cutting the power steering and airbags.
By Alex Lemieux
Photo by Craig Morey – Flickr License