GM Extends Deadline for Compensation for Ignition-Switches

Nov. 17, 2014

Nov. 17, 2014—General Motors has extended its deadline to be compensated for faulty ignition-switches in its vehicles to Jan. 31, 2015, according to a report by Reuters.

"Our goal with the program has been to reach every eligible person impacted," General Motors said in a release.

The program, GM Ignition Compensation Claims Resolution Facility, started accepting claims Aug. 1 and had received 2,105 claims for deaths and serious injuries linked to the switch, as of Nov. 14. There are an estimated four and a half million current and previous owners eligible for compensation, according to a GM release.

Sponsored Recommendations

Strategies to Increase Profits and Traffic at Your Repair Shop

Rev up your auto repair business with a guide to industry best practices that delves into the strategies and techniques that top-performing auto repair shops employ to not only...

Download: Lessons in ADAS

As ADAS systems become increasingly popular, understanding proper maintenance is crucial. This eBook explains the importance of staying current on proper ADAS calibration processes...

Establish and track your KPIs: Gross Profit on Labor

Every minute of your staff’s time is valuable—every minute in service to a customer should be billed. Missing opportunities to bill customers due to relatively new practices in...

Find the right shop management system to boost your efficiency

Get Organized - Find the right shop management system to aid in efficient scheduling, communication and payment processing