Numbers on GM recall for faulty ignition switches
Ignition switches have presented General Motors with significant safety issues this year. Here are details of the switch problems by the numbers, including new information filed Thursday in GM’s second-quarter report to securities regulators:
— 60: Number of recalls issued by GM this year.
— 29 million: Total number of vehicles recalled by the company in 2014.
— 2.6 million: The number of older small cars, including the Chevrolet Cobalt, that GM recalled in February to fix faulty ignition switches that it knew about for more than a decade. The recall touched off a review of ignitions in other GM vehicles.
— 17.3 million: The number of GM vehicles recalled for ignition-related defects. Since the February recall, GM has issued five more recalls of ignitions as well as keys that may easily bump out of position. The latest switch recall, of 7.2 million midsize cars including the Chevrolet Malibu, happened June 30.
— 13: The number of people GM says died in crashes related to ignition switch problems in small cars.
— 3: The number of people GM says died in crashes in the vehicles recalled June 30. GM says it doesn’t yet know if the ignition switches caused the crashes.
— $400 million: GM’s estimated cost of compensating victims of crashes caused by faulty small-car ignition switches. GM says there’s no cap on the fund, and it could rise to $600 million in a program run by compensation expert Kenneth Feinberg. He begins taking claims on Aug. 1.
— $3.48 billion: Amount GM spent in first half on recalls, loaner cars and additional warranty coverage in North America.
— 32: Wrongful death and injury lawsuits pending against GM as of July 23. The suits allege faulty ignition switches caused wrecks or cause air bag failure. Some also allege that inadvertent ignition key rotation caused the air bags to fail.
— 45: Number of state attorneys general investigating the GM ignition switch problems.
— 95: Number of class-action lawsuits against GM alleging that cars have lost value because of the recalls.
— 1997: Oldest model year of a vehicle recalled for a faulty ignition. The 1997 Chevrolet Malibu was included in the June 30 recall of 7.6 million vehicles.
— 2014: Latest model year of a vehicle recalled for a faulty ignition. The 2014 Cadillac CTS was recalled because its key can unintentionally rotate and turn the ignition off.
— 57 cents: Cost of each replacement switch for the 2.6 million small cars.
— $35 million: Fine levied on GM by the National Highway Traffic Safety Administration for concealing the ignition switch problems.
— 15: Number of GM employees dismissed for conduct that delayed the small-car recall.