GM Facing Trials in 2016 on Ignition Switch Defect & DOT VSL = $9.4 million in 2015
January, 2016
Bloomberg in an excellent article reports current status of cases:
“Zachary Stevens was a teenager headed to bible study when his Saturn Sky shot across a Texas highway into a pickup and killed the driver. Ruben Vazquez, 20, died after a drunk slammed into his stalled Chevy Cobalt on a California freeway. James Yingling III couldn’t brake or steer his Saturn Ion away from a culvert in Pennsylvania. He lingered for 17 days before dying at 35.
These are among the claims facing General Motors Co. this year, the first of hundreds demanding that GM pay for the deaths of loved ones or injuries ranging from broken bones to paralysis. The raft of trials, scattered across the country, begins Monday in federal court in Manhattan.” See
The U.S. DOT now uses a “Value of a Statistical Life” of $9.4 million in 2015. Seehttps://www.transportation.gov/sites/dot.gov/files/docs/VSL2015_0.pdf
