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GM, Justice Department near criminal settlement over faulty ignition switches

Posted By GMbeat on Articles

http://money.cnn.com - The U.S. Department of Justice is expected to announce a criminal settlement with General Motors, in which the automaker will acknowledge it misled the government and public over faulty ignition switches.

The Wall Street Journal: GM, Justice Department near criminal settlement over defective ignition switch

Posted By GMbeat on Articles

http://www.marketwatch.com - The U.S. Justice Department is expected to unveil a criminal settlement with General Motors Co.

GM To Pay $900 Million For Hiding Ignition Switch Defect From Regulators: Report

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http://jalopnik.com - General Motors is going to pay a $900 million fine and be criminally charged for hiding a defect from regulators in order to end a federal investigation, according to sources who spoke Reuters.

GM Nears Deal With U.S. Over Ignition Switches

Posted By GMbeat on Articles

http://www.wsj.com - General Motors is expected to reach a criminal settlement with the U.S. as soon as Thursday over the auto maker’s botched handling of an ignition-switch defect that led it to huge recalls and was linked over 100 deaths.

GM Expected To Pay $900 Million In Criminal Penalty For Unsafe Ignition Switches

Posted By GMbeat on Articles

http://www.forbes.com - Federal prosecutors in New York are expected Thursday to announce criminal charges against General Motors for its mishandling of an ignition switch safety defect linked to more than 100 deaths, according to multiple news reports.