GM announces new recall of 8.4M cars worldwide

GM has linked the faulty switch to 13 deaths and 54 accidents

NEW YORK (NBC News/AP) – General Motors is recalling another 8.4 million vehicles manufactured over the last 17 years for a half dozen safety defects it’s found linked to seven crashes and three fatalities.

The announcement on the latest recall came just hours after the automaker told families of people killed or injured in wrecks caused by faulty ignition switches that it’s willing to pay millions from a fund GM has hired compensation expert Ken Feinberg to administer.

“They’re funding it and they’re funding it without any cap with the aggregate amount of money that is going to available,” Feinberg told reporters.

GM has linked the faulty switch, which can suddenly shut down power in a moving car, to 13 deaths and 54 accidents and recalled 2.6 million cars because of it.

Read more: http://nbcnews.to/1r7Fb4R

Here are details of the switch problems by the numbers:

— 2.6 million: The number of older small cars, including the Chevrolet Cobalt, that GM recalled in February to fix faulty ignition switches that it knew about for more than a decade. The recall touched off a review of ignitions in other GM vehicles.

— 17.1 million: The number of GM vehicles recalled as of Monday for ignition-related defects. Since the February recall, GM has issued five more recalls of ignitions as well as keys that may easily bump out of position. The latest recall, of 8.2 million large cars including the Chevrolet Malibu, happened Monday.

— 13: The number of people GM says died in crashes related to ignition switch problems in small cars.

— 3: The number of people GM says died in crashes in the vehicles recalled Monday. GM says it doesn’t yet know if the ignition switches caused the crashes.

— 165: The number of people GM victims’ advocates say have died in crashes related to ignition switch problems in small cars.

— 1997: Oldest model year of a vehicle recalled for a faulty ignition. The 1997 Chevrolet Malibu was included in Monday’s recall of 7.6 million vehicles.

— 2014: Latest model year of a vehicle recalled for a faulty ignition. The 2014 Cadillac CTS was recalled Monday because its key can unintentionally rotate and turn the ignition off.

— 54: Number of GM recalls so far this year.

— 28.9 million: Number of cars and trucks recalled by GM so far this year in North America.

— $2.5 billion: GM’s estimate for recall-related costs through the first half of the year.

— $7.8 million: The amount compensation expert Kenneth Feinberg says GM would pay to compensate a 10-year-old paraplegic injured in a crash in a small car that was part of the initial recall. Feinberg announced Monday that GM’s compensation fund will begin taking claims from victims and their families on Aug. 1.

— 57 cents: Cost of each replacement switch for the 2.6 million small cars.

— $35 million: Fine levied on GM by the National Highway Traffic Safety Administration for concealing the ignition switch problems.

—$3.8 billion: GM’s net income last year.

— 9.7 million: Number of cars and trucks sold by GM globally last year.

— 15: Number of GM employees dismissed for conduct that delayed the small-car recall.

 

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