Quote:
Originally Posted by SimpleGreen
All being said, hopefully GM get's through it, learns something, and we'll get to see something else on the news.
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they will. they'll settle on a fine with the justice department like Toyota did and close the case. they'll have to make multimillion settlements with (at a minimum) the family of the 13 people they admit died because of the faulty ignition. they'll then have to fight off the occasional lawsuit from the other 300 crashes NTSB has said could be linked to the ignition issue. and since the ignition design has been changed, and recalls done; once they finish with their payouts (I'm guessing close to 2 billion) it will finally be over.
GM can weather 2 billion, but it could go a little higher. the justice department will seek a penalty relative to what GM can afford to pay.