The media has reported extensively on the recent GM recalls. Here are some basic facts:
The models subject to recall:
- The 2005-2007 Chevy Colbalt
- The 2006-2007 Chevrolet HHR
- The 2003-2007 Saturn Ion
- The 2006-2007 Pontiac Solstice
- The 2007 Pontiac G5
The ignition switch on the vehicles turns, on its own, from the “run” position to the “accessory” position. When this happens, the car loses all power steering and braking, and the airbags are disabled. The reports vary, but one private research company is claiming that 303 people have died so far from failed air bag deployment. Other estimates link 13 deaths to the defect.
GM may have been aware of this problem since 2001.
The recall was issued on February 13, 2013 for about 1.6 million cars
The cost to remedy the defective switch has been estimated to be a little as $.57.
In response to several wrongful death claims, GM may finally have no choice to finally take responsibility, retaining Ken Feinberg, who recently oversaw the BP oil spill fund, and had previously administered the September 11th Victims Compensation Fund.