Government Fines GM Maximum $35M In Safety Case

The U.S. government is fining General Motors $35 million for delays in recalling small cars with faulty ignition switches. The government also says Friday that GM will report safety issues faster in the future. But it’s only a fraction of the $3.8 billion GM made last year. The National Highway Traffic Safety Administration has been investigating GM’s delayed recall of older small cars with defective ignition switches. GM has acknowledged knowing about the problem for at least a decade, but it didn’t recall the cars until this year.

http://news.yahoo.com/government-fines-gm-maximum-35m-safety-case-144038444–finance.html
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Author: TSC

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