General Motors Settles With California for $5.75M
FILE - In this April 1, 2014, file photo, Clarence Ditlow, executive director of the Center for Auto Safety, displays a GM ignition switch similar to those linked to 13 deaths and dozens of crashes of General Motors small cars like the Chevy Cobalt, during a news conference on Capitol Hill in Washington. General Motors Co., has agreed to a $5.75 million settlement with California regarding false statements the company made to investors about problems with its deadly ignition switches, state officials announced Friday, Feb. 12, 2021. The faulty ignition switches led to at least 124 fatalities and 274 injuries nationwide. (AP Photo/J. Scott Applewhite, File) SACRAMENTO, CALIF. (AP) — General Motors Co. has agreed to a $5.75 million settlement with California regarding false statements the company made to investors about problems with its deadly ignition switches, state officials announced Friday. The faulty ignition switches led to at least 124 fatalities...