Victim compensation expert Kenneth Feinberg, hired by General Motors to develop a program to pay those harmed or killed by the ignition switch at the center of the February 2014 recall and subsequent fallout, unveiled his compensation plan Monday. However, the plan found a few critics over its lack of punitive damage claims, and the fact all payments would be made under Feinberg’s discretion.
In today’s General Motors digest: Nine states are investigating the handling of the automaker’s ignition switch recall; compensation will only focus on those injured or killed; a Georgia injury claim’s transfer to New York a sign of things to come for similar claims; and a federal official saw GM’s corporate culture at work during bankruptcy proceedings, yet remained silent.
Bloomberg reports the compensation fund designed by attorney Kenneth Feinberg for General Motors will have “a relatively modest timetable to invite claimants to file their claims” once the claim period begins August 1. Feinberg also said by the end of June, he and his team will have a program “that will define who’s eligible to file a claim… what the dollars will look like for those who file,” as well as the obligations the plaintiffs will need to have “to prove their claim.” GM CEO Mary Barra added that her company won’t know the final cost of the fund “until the actual compensation has been run,” though an estimate may come at the end of Q2 2014.
Autoblog reports Volkswagen Group of America executive vice president of group communications Tony Cervone is returning to the GM fold as the automaker’s senior vice president of global communications. According to CEO Mary Barra, Cervone “brings an ideal mix of outside perspective and experience that compliments a deep background in GM and today’s global auto industry.” Prior to his return, he also served as the vice president of communications for United Airlines and Chrysler Group, where he spent 14 years before his decade-long previous service to GM. Cervone succeeds Selim Bingol — who resigned from the company in April “to pursue other interests,” and will report directly to Barra.
Autoblog reports another recall has been issued by General Motors, this time concerning 51,640 2014 Buick Enclave, Chevrolet Traverse and GMC Acadia crossovers screwed together between March 26 and August 15 of last year. The affected vehicles possess an engine control module whose software may provide an inaccurate fuel gauge reading, forcing the driver to pull to the side of the road should the tank prove empty instead of a quarter to empty. Owners have been asked to bring their affected crossover for a reflashing of the ECM to correct the issue.
As the recall of 1.76 million General Motors vehicles over a faulty ignition switch — a recall possibly prompted by a Georgia lawyer’s own dealings — continues to hammer away at the automaker’s “new” image, and with dealers doing all they can to mend fences between GM and its customers, three separate recalls have been issued to a total of 1.55 million vehicles.
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- 2ACL Some of the reported issues sound expensive for all but the most committed wrenchers. Scant documentation on some of the previous work is also a minus. I wouldn't mind something like this, but whereas the seller is trying to make room, I don't have any for something this intensive.
- Merc190 Any Alfa has a unique character built in, so there's that, once you get it running properly, until it doesn't...
- Syke Yeah, no sympathy for the dealerships whatsoever. I've gone enough thru training a dealership's salesperson under the guise of trying to buy an EV. I'm pleasantly surprised that Ford's insisting on Level 3 DC Fast Charging rather than the usual Level 2 that most dealerships have now. This is definitely forcing a commitment on the part of the dealer that they're going to be serious about selling EV's.Oh yeah, DC Fast Charging is never free, so you're definitely talking another income stream for the dealership. The big question is are they smart enough to make something real of it?I continue to say that the legacy automakers biggest problem when it comes to selling EV's is their own dealerships. And this article really drives that home.
- SCE to AUX Yeah, I'm going to spend 5 or 6 figures on a used/abused car from a punk.
- MrIcky I'm not buying any of Musk's BS until he steps into the ring with Zuckerberg. Musk dropped the challenge, Mark picked it up, Musk pussed out. 2 men enter, 1 man leaves- you know the law.