GM to pay victims $400 million to $600 million

money.cnn.com Published: July 24, 2014

General Motors expects to pay between $400 million to $600 million to compensate victims of ifs faulty ignition switch tied to at least 13 deaths.


The families of those killed and people injured in crashes involving the ignition switch can start filing for payments next month.

The automaker has been under fire from Congressional, Justice Department and federal safety regulators for the delay and could face criminal charges.

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