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GM Crash Victim Compensation Plan Announced
Jun 30, 2014 - 11:45 AM - by AutoGuide.com


Quote:
General Motors will pay out millions in compensation to victims and their families of crashes related to faulty ignition switches.

Kenneth Feinberg, the independent administrator GM tasked with handling compensation claims, announced the company’s plan and spoke to the families of crash victims today. The Detroit automaker is setting aside an uncapped compensation fund to pay claims to affected families.

To date, General Motors links 13 deaths and 54 crashes to defective ignition switches that are behind the recall of 2.6 million vehicles. The switches might slip from the “on” position into accessory or off, disabling the airbags. GM will pay out $1 million to the families of crash victims that died in an affected General Motors vehicle. Additionally, the company will pay $300,000 per surviving spouse, $300,000 per surviving dependent and an additional sum for calculated economic loss.

GM is also building three tiers into its compensation structure. The first is for death, the second for catastrophic injuries including permanent brain damage and paralysis and this third is for less serious injuries.

GM has received roughly 3,500 claims, many of which Feinberg said are without substantial evidence. As an example, Feinberg said a 25-year-old victim with two children and an annual income of $75,000 who died in a crash would merit a claim of $5.1 million.
Read more about GM's ignition switch crash compensation at AutoGuide.com.
0 Replies | 343 Views
Win a Trip to the SEMA Show. Just LIKE CarCrushing.com on Facebook
May 21, 2014 - 9:36 AM - by AutoGuide.com
There may be no such thing as a free lunch, but there sure is a free trip to the SEMA Show in Las Vegas up for grabs!

So what IS the catch? Like CarCrushing.com on Facebook it's that simple.

Once you do you'll start seeing some of the wackiest, wildest and most fun car photos, videos and stories this crazy thing call the Interwebs can provide.

Oh, and if you win you'll get a trip for two to Las Vegas, including flights, three nights accommodation and entry to the industry-only SEMA Show at the Las Vegas Convention Center. It's only the world's largest aftermarket car parts expo and a bucket list item on every car guy's list. No biggie.

So head on over and like us on Facebook right now!


More: Win a Trip to the SEMA Show. Just LIKE CarCrushing.com on Facebook on AutoGuide.com
0 Replies | 277 Views
10 Totally Awesome Cars of the 1980s Hitting the Auction Block This Weekend.
May 08, 2014 - 2:18 PM - by AutoGuide.com
If you want to be seen driving around in a seriously retro ride, then we suggest a trip to the Auburn Auction Park in Auburn, Indiana this weekend. The annual Auburn Spring Auction is kicking off with 900 cars hitting the block, including some serious gems of the MTV era.

We've compiled a list of 10 of the best and most interesting cars of the 1980s that any Gen-Xer would take over a date with Molly Ringwald.

Crank up the MJ, Devo or Whitesnake and join us for a trip through one awesome era of cars.

More: 10 Totally Awesome Cars of the 1980s Hitting the Auction Block This Weekend. on CarCrushing.com
0 Replies | 265 Views
Watch a Sinkhole in Baltimore Swallow an Entire Row of Cars. It Gets Scary at 1:14 !
May 05, 2014 - 10:42 AM - by AutoGuide.com
We're not going to lie, this one starts a little slow, but by the end you'll have shivers running down your spine.

What you see in the video from the onset is only the very start of this sinkhole that eventually grows to swallow an entire line of cars, and a whole lot of additional real estate in residential Baltimore.

It's also a serious lesson in just how dangerous sinkholes can be. Keep watching the build-up until around 1:14 and the rest just becomes terrifying.

WATCH & WEEP... Can you imagine if this was your car?


More: Watch a Sinkhole in Baltimore Swallow an Entire Row of Cars. It Gets Scary at 1:14 ! on CarCrushing.com
0 Replies | 301 Views
WOW 30,000 Toy Cars?! Check Out The World's Largest Toy Collection!
May 02, 2014 - 1:01 PM - by AutoGuide.com
Your collection of HotWheels and die-cast cars has nothing, and we mean nothing, on Billy Karam's toy car collection.

Comprised of over 30,0000 model cars, it's the largest such collection in the world an even boasts a Guinness Book of World Records certificate to prove it.

Watch this Video and Wish you had these many toy cars as a kid


More: WOW 30,000 Toy Cars?! Check Out The World's Largest Toy Collection! on CarCrushing.com
0 Replies | 316 Views
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