GM offering to pay $1 million to families of those killed in def - WDRB 41 Louisville News

GM offering to pay $1 million to families of those killed in defective cars

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LOUISVILLE, Ky. (WDRB) -- At least $1 million: that's how much General Motors is offering to pay the families of those killed as a result of its defective cars.

The auto giant will give another $300,000 for each surviving spouse and dependent. This is on top of a sum amount that will be determined by the victims' earning potential.

And there was more news Monday afternoon, when the company recalled another 7.6 million vehicles due to the faulty ignition switch.

"It will be Aug. 1 when we will begin to accept claims," said Kenneth Feinberg, the GM claims administrator. "All claims must be postmarked no later than Dec. 31 -- the end of this year for accidents that occurred any time up to Dec. 31."

At least 13 people were killed and many more hurt as a result of the faulty ignition switches.

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