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General Motors Admits Guilt in Ignition Switch Case, Fined $900M

The biggest American automaker, General Motors, admitted guilt Thursday in hiding information from both the government and motorists about a deadly defect in its vehicle ignition switches that has been linked to at least 124 deaths in crashes. GM, third largest in the world behind Germany's Volkswagen and Japan's Toyota Motor, agreed to a $900 million fine to settle criminal charges in the case. In addition, the automaker agreed to pay another $575 million to resolve damage...

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