Kenneth Feinberg, the mediator for automaker General Motors Co., announced that the company started talks to settle over 300 claims in connection with the faulty ignition switch problem associated with some of its older model small compact cars, Product Design & Development reported on May 5.
In an interview with the Associated Press, Feinberg said he discussed the issue with Corpus Christi, Texas lawyer Robert Hilliard, who represents the estate of 53 people who died and 273 people who were injured due to defective ignition switches, on May 2. Feinberg did not detail salient points of the meeting but commented that “I’m evaluating various compensation options for GM to consider.”
Most of the faulty switches were found in Chevrolet Cobalts and Saturn Ions. The defective switches were said to disengage from the “run” position, causing the engine to suddenly shut down.
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