GM compensation program gets 65 death claims in first eight days

|By:, SA News Editor

General Motors' (NYSE:GM) victim compensation program received ~120 claims in its first eight days, more than half reported by families who say the victims were killed in accidents involving cars that were subject to the 2.6M-car recall.

The early tally raises questions about whether GM has underestimated the number of deaths linked to the ignition switch defect, which the company knew about for more than a decade but didn't recall the cars to fix until February.

The closing date to file isn't until the end of the year.

Meanwhile, GM's safety problems persist, as it recalled 189K SUVs requiring fixes to power-window switches that can catch fire, as well as 201K Saturn VUEs to replace faulty ignition cylinders.