US’s largest car maker settles with Department of Justice and admits it failed to reveal defect in ignition switches that led to deaths of at least 124 peopleGeneral Motors has agreed to pay a $900m fine to avoid a criminal investigation into allegations that it deliberately hid information about a fault that led to the deaths of at least 124 people.[br]As allotment of the settlement with the Department of Justice on Thursday, GM admitted that it “failed to reveal to its US regulator and the public a potentially deadly safety defect” and “further affirmatively misled consumers about the safety of GM cars afflicted by the defect”. Continue reading...
Source: theguardian.com