General Motors Settles 2 Accident Cases Involving Faulty Ignition Switches

General Motors Settles 2 Accident Cases Involving Faulty Ignition Switches

Associated Press (AP) News reported on Sept. 5, 2016, at 2:34 p.m. EDT about a new development that took place with respect to legal proceedings going on against the U.S. automobile manufacturer General Motors Co. (GM). The company has settled two out of the several legal cases filed against it for an undisclosed amount, as […]

General Motors Shares Sold by Canada

General Motors Shares Sold by Canada

Canadian Prime Minister Stephen Harper has orchestrated the sale of 73.4 million shares of General Motors that are valued at $3.3 billion in an effort to balance the country’s budget for the coming fiscal year. While oil prices have plunged globally, Canada has suffered economically. The sale of this stock will greatly aid in reducing […]

General Motors to Compensate 74 Families for Deaths Caused by Cars

General Motors to Compensate 74 Families for Deaths Caused by Cars

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 […]

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