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GM reaches $120 million settlement in ignition-switch defect lawsuit

GM
(BLOOMBERG/Bloomberg)
JS
By:
JONATHAN STEMPEL
R
By:
Reuters
|
March 28, 2020 01:20 PM

NEW YORK -- General Motors has reached a $120 million settlement with owners who claimed that their vehicles lost value because of defective ignition switches, which have been linked to 124 deaths.

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