June 3 - 6, 2024
An auto analyst says General Motors should establish a fund to handle settlement payouts related to its ignition switch recall. Barclays Analyst Brian
Johnson said in a research note Wednesday that the automaker may establish a settlement fund with as much as $1.5 billion in it to deal with the lawsuits filed against it related to the recall of 1.6
million cars with faulty ignition switches.