Congress Presses GM CEO to Explain Delay in Recall - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Congress Presses GM CEO to Explain Delay in Recall

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GM CEO Mary Barra GM CEO Mary Barra

Documents submitted to Congress by General Motors show the piece needed to fix a defective ignition switch linked to 13 traffic deaths would have cost just 57 cents.
 
At a hearing on Capitol Hill today, members of a House subcommittee have been demanding answers from new GM CEO Mary Barra about why the automaker used the switch in small cars such as the Chevrolet Cobalt and Saturn Ion even though GM knew the part didn't meet its own specifications.
 
Rep. Diana DeGette held up a switch to show how easy it was for a light set of keys to move the ignition out of the "run" position. That can cause the engine to stall and the driver to lose power steering and power brakes.
 
Since February, GM has recalled 2.6 million cars over the faulty switch, but lawmakers are asking why it took the company 10 years to issue the recall.
 
Barra has repeatedly told the panel the answers to their questions will be part of GM's internal investigation of the matter.
 
Meanwhile, General Motors has hired attorney Kenneth Feinberg to explore ways to compensate victims of accidents connected to defective ignition switches in its small cars.
 
Barra announced Feinberg's hiring during a House subcommittee hearing Tuesday.
 
Feinberg, an expert in disaster fund management, handled the Sept. 11 Victim Compensation Fund as well as funds for victims of the Boston Marathon bombing and the BP oil spill.
 
GM has recalled 2.6 million small cars for defective ignition switches. The company says the defect is linked to 13 deaths and dozens of accidents.
 
Under terms of its 2009 bankruptcy, GM is shielded from liability for injuries that happened before the bankruptcy. But some consumer advocates want the company to set up a fund for victims. (AP) 

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