GM to start compensating ignition switch victims: CEO Barra
GM Co expects to begin processing victims' claims related to faulty ignition switches by August 1, CEO Mary Barra will tell the US Congress on Wednesday
General Motors Co expects to begin processing victims' claims related to faulty ignition switches by August 1, Chief Executive Officer Mary Barra will tell the US Congress on Wednesday.
In prepared testimony to be delivered to the House of Representatives Energy and Commerce Committee, Barra also will say that Kenneth Feinberg, who is overseeing the creation of a compensation fund, will have "full authority to establish eligibility criteria for victims and determine compensation levels."
In prepared testimony to be delivered to the House of Representatives Energy and Commerce Committee, Barra also will say that Kenneth Feinberg, who is overseeing the creation of a compensation fund, will have "full authority to establish eligibility criteria for victims and determine compensation levels."
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First Published: Jun 18 2014 | 12:07 AM IST