General Motors knew about a fault in some ignition switches as far back as 2001, but didn’t issue a recall until early 2014.
The fault, which can cause a vehicle to turn off while being driven, has been linked to at least 124 deaths and has already cost the company $2 billion in settlements.
That’s just the beginning, though, as another $10 billion in lawsuits looms on the horizon. GM doesn’t want to pay up and is using its 2009 bankruptcy as a shield against taking responsibility for the fatalities.
An appeals court ruling last month said the U.S. automaker can’t do that, but GM disagrees.