GM to pay $35 million fine over deadly ignition fails. ow.ly/wWAYe U.S. safety regulators fined General Motors a record $35 million Friday for taking at least a decade to disclose defects with ignition switches in small cars that are now linked to at least 13 deaths. Its the maximum penalty that the government can impose. But the amount is less than a days revenue for GM, based on the $37.4 billion it took in during the first quarter, and safety advocates were quick to question its effectiveness.
Posted on: Sat, 17 May 2014 03:00:00 +0000
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