It’s been a long, rough road for the General Motors ignition-switch recall saga. Early GM estimates of deaths caused by the faulty ignition switches pale in comparison to where the number stands today.
But as The Detroit Free Press reports, that number has reached 104 per Kenneth Feinberg, overseeing the GM compensation fund. That number is up four from this time last week, where it stood at 100.
Feinberg’s office reports there are 495 cases left to review, with 26 of them involving loss of life, making it possible for that number to scale higher through the summer months. The other 469 cases deal with serious injury, including brain damage, loss of a limb or serious burns, and less severe injuries.
Still, no party has refused the settlement offered by the compensation fund, rightfully waving their right to sue General Motors over the ignition switch issue.
General Motors has estimated after all applications are reviewed the settlement costs will tally up around $550 million.
At a time of year when luxury car ATP usually rises.
Sales decreased 5.6 percent to 16,670 units during the first ten months of 2024.
Specifically critical minerals supply chain development.
Scheduled for a Spring 2025 launch.