Share “Numbers on GM recall for faulty ignition...”

Numbers on GM recall for faulty ignition switches

Published on NewsOK Modified: July 24, 2014 at 3:12 pm •  Published: July 24, 2014
Advertisement

Ignition switches have presented General Motors with significant safety issues this year. Here are details of the switch problems by the numbers, including new information filed Thursday in GM's second-quarter report to securities regulators:

— 60: Number of recalls issued by GM this year.

— 29 million: Total number of vehicles recalled by the company in 2014.

— 2.6 million: The number of older small cars, including the Chevrolet Cobalt, that GM recalled in February to fix faulty ignition switches that it knew about for more than a decade. The recall touched off a review of ignitions in other GM vehicles.

— 17.3 million: The number of GM vehicles recalled for ignition-related defects. Since the February recall, GM has issued five more recalls of ignitions as well as keys that may easily bump out of position. The latest switch recall, of 7.2 million midsize cars including the Chevrolet Malibu, happened June 30.

— 13: The number of people GM says died in crashes related to ignition switch problems in small cars.

— 3: The number of people GM says died in crashes in the vehicles recalled June 30. GM says it doesn't yet know if the ignition switches caused the crashes.

— $400 million: GM's estimated cost of compensating victims of crashes caused by faulty small-car ignition switches. GM says there's no cap on the fund, and it could rise to $600 million in a program run by compensation expert Kenneth Feinberg. He begins taking claims on Aug. 1.

Continue reading this story on the...