The company is being investigated by all three branches of the federal government.
Pension funds and university endowments lightened up on stocks after the 2008 financial crisis.
GM CEO Mary Barra didn't respond to the accusation, although the company previously attributed 13 deaths to the flaw.
Mary Barra heads back to D.C., this time to face House members armed with more details about the ignition switch debacle.
In prepared testimony to be delivered to the House of Representatives Energy and Commerce Committee, Barra also will say that Kenneth Feinberg, who is overseeing the creation of a compensation fund, will have "full authority to establish eligibility criteria for victims and determine compensation levels."
Right now, you have to pay to know what automakers are telling mechanics and the government about car defects.
General Motors has another ignition switch problem, but insists it's not as big of a deal as the other one.
An internal report picked out the company's legal team for its inaction, although General Counsel Michael Millikin kept his job.
GM reported its highest monthly sales in May in over six years.
The automaker says it will pay some victims of its faulty ignition switch, but for those injured before June 9, 2009? It's complicated.
Terri DiBattista, whose daughter, Amber Rose, was killed in a 2005 crash, said the firings should have been broader and made sooner.
General Motors CEO Mary Barra blames underlings for keeping vital information from executives related to fatal ignition switch flaw.
CEO Mary Barra is expected to present the findings of the investigation on Thursday.
The auto giant's first female leader is expected to be exonerated of any responsibility for lethal product flaws in an in-house investigation.
The automaker's scandal over ignition switch failures gets a grim twist.
Global players have altered their products to suit the country's tax regime, which is highly favorable to the small-car segment.
Former federal prosecutor Anton Valukas is about to release a comprehensive explanation of GM’s yearslong ignition switch debacle.
The engineer was reportedly grilled for about 10 hours earlier in May about his role in the controversy that has led to record vehicle recalls.
Canada confirms it is examining two fatal accidents in cars subject to the GM ignition switch recall.
The No. 1 U.S. automaker is beating the industry average this month, according to one estimate.
North America’s largest automaker had a terrible year in 2004. This year is already worse.
A day after recalling 2.6 million vehicles, GM is recalling Chevrolet Aveo cars because the daytime running lights could cause a fire.