GM Ignition Switch Recall Alert
GM Ignition Switch Recall Alert: Are You the Owner of a Recalled GM Vehicle? Find Out Now!
FACT: 10% of 2012 GM Vehicles Sales Were to Hispanics1
As of September 22, 2014 and based on figures provided by The Wall Street Journal the death toll of drivers as a result of a defective ignition switch in GM vehicles amounts to 21 fatalities.2 These fatalities are being attributed to a defective ignition switch, which presumably affects the safe operation of GM vehicles’ airbag systems. According to the National Highway Traffic Safety Administration (NHTSA) the number of GM recalled vehicles is estimated to amount 2.6M.3
Counsel Kenneth Feinberg, GM’s compensation expert, released a statement wherein as of September 19, 2014, the reported number of death claims is 143 out of a total of 675 injury claims. Injury claims submissions to GM are being received through December 31. So far, General Motors has approved 21 death claims. GM’s compensation fund will pay at least 1 million for each death claim. Overall, the carmaker’s compensation fund is prepared to pay up to $400 million in claims, although it could go up to $600 million. Needless to say, more claims are expected to be filed as the deadline nears.
GM Ignition Switch Recall Alert: GM Vehicles Involved in Recall
The GM vehicles recalled by the manufacturer4 are:
- All 2005-2010 Chevrolet Cobalt
- 2007-2010 Pontiac G5
- 2003-2007 Saturn Ion
- 2006-2011 Chevrolet HHR
- 2006-2010 Pontiac Solstice
- 2007-2010 Saturn Sky
Nearly 9K Hispanics Purchased a Chevrolet Vehicle Jan-June 2014
Upon close inspection of the Hispanic consumer demographic, nearly 21,302 Chevrolet vehicles were sold in the U.S. in the six-month period through June 2014, 8,999, or about 42% percent of all new vehicle sales, were purchased by Hispanic consumers. And during the same six-month period in 2013, Hispanic consumers comprised 41% percent of 8,176 vehicle purchases, according to figures released by automotive research firm Polk.5 These statistics pertain only to one of the GM line of vehicles recalled by the manufacturer.
Also, and worth highlighting is the fact that for the year 2012 Chevrolet ranked as the 4th Top Brand preferred by Hispanic consumers. Matter of factly, Hispanics made up for 10.21% of Chevrolet purchases for the year in mention.6
Know the Specs of the GM Compensation Fund Program
If you are the owner of one of GM recalled vehicles aforementioned, you need to be aware of the following specifications of the GM Compensation Fund Program7:
For death claims GM will pay:
$1,000,000 for the death of the decedent and
$300,000 for the surviving spouse, and
$300,000 for each surviving dependent of the decedent
For physical injury claims GM will pay:
$20,000 – $500,000
If You Drive One of the Recalled Models, Don’t Wait to Contact Your Local Dealership. Call 1-800-THE-LAW2
Needless to say, if you or someone you know is injured due to a defective product, you could be eligible for a strong compensation. And if you drive one of the GM models listed above or believe your car could be part of the recent GM recall, our personal injury attorneys can help you get the problem fixed ASAP. Don’t wait to contact your local dealership. Call us immediately at 1-800-THE-LAW2. Our personal injury attorneys can help you answer all your questions and explain the legal options available to you. To determine if your vehicle is among the list of recent GM recalls and to catch the latest GM ignition switch recall alert, visit the GM Recall Center webpage.
GM Ignition Switch Recall Alert
- The 2012 US-Hispanic Auto Market Trends Toward Growth. Retrieved on Sept. 23, 2014
- GM Ignition Switch Death Toll Rises to 21. The Wall Street Journal. Retrieved on Sept. 23, 2014.
- Latest Recalls Announced by Manufacturers. National Highway Traffic Safety Administration (NHTSA)
- Consumer Alert: GM Ignition Switch Recall Information. safercar.gov Retrieved on Sept. 23, 2014
- Polk Automotive Sales & Leases Among Makes with Over 50 Units Sales to Hispanics. Los Angeles DMA January-June 2014.
- 2012 Top Ten Brand s for Hispanic Consumers – Volume Leaders. Retrieved on Sept. 23, 2014
- GM Ignition Compensation Claims Resolution Facility FINAL PROTOCOL. June 30, 2014.