Business

Death Toll from GM Ignition Switches Rises to at Least 51

Published

11 years ago

February 2, 2015

FILE - This Tuesday, April 1, 2014, file photo, shows a key in the ignition switch of a 2005 Chevrolet Cobalt in Alexandria, Va. More than 1,100 claims were filed in the week before the Saturday, Jan. 31, 2015, deadline to seek payments from the General Motors ignition switch compensation fund, with 51 death and 77 injury claims being granted. GM was aware of faulty ignition switches on Cobalts and other small cars for more than a decade, but it didn't recall them until 2014. (AP Photo/Molly Riley, File)

This Tuesday, April 1, 2014, file photo, shows a key in the ignition switch of a 2005 Chevrolet Cobalt in Alexandria, Va. (AP Photo/Molly Riley, File)

Tom Krisher, ASSOCIATED PRESS

DETROIT (AP) — More than 1,100 claims were filed in the week before Saturday’s deadline to seek payments from the General Motors ignition switch compensation fund. So far, 51 death and 77 injury claims have been granted.

But the fund’s deputy administrator says the grants are very likely to rise as she and her boss, compensation expert Kenneth Feinberg, sort through at least 4,180 claims that came before the deadline passed.

The last-minute flurry of activity is common in compensation cases, said Deputy Administrator Camille Biros, who has worked with Feinberg on funds for the 9/11 terrorist attacks and the BP oil spill. Although most of the claims were filed electronically, some will “trickle in” in the coming days because they were postmarked by the Jan. 31 deadline, she said.

“I can say that there will likely be more” death and injury claims granted, Biros said. “Until we sort through and review the newly submitted documents, we can’t make that estimation.”

GM was aware of faulty ignition switches on Chevrolet Cobalts and other small cars for more than a decade, but it didn’t recall them until 2014. On 2.6 million of them worldwide, the switches can slip out of the “on” position, causing the cars to stall, knocking out power steering and turning off the air bags.

As of Sunday, the fund had received 455 death claims and 3,447 for injuries. Of the total, Feinberg has decided that about 12 percent, or 482, aren’t eligible for payment. Another 965 have deficient information, while 1,502 were turned in without documentation. Another 1,103 claims are under review, according to a posting on the fund’s website.

People will be given several chances to provide information to back up their claims, Biros said. Most of the claims that have been denied were not models covered by the fund or the air bags inflated in the crashes. If the air bags deployed, that means the cars had power and the ignition switches were working and not at fault, Feinberg has said.

About 40 claims have been paid thus far, but Biros would not say how much money had been paid out. GM also would not say how much the company has paid thus far.

It likely will take until late spring for Biros and Feinberg to sort through all of the claims, she said. There is no deadline for them to make decisions on the claims, Biros said.

Last year GM set aside $400 million to make payments, but conceded that could grow to $600 million. The company’s chief financial officer told analysts earlier this month that those numbers have not changed. Compensation for deaths starts at $1 million.

The GM ignition switch debacle, which brought congressional and Justice Department investigations and the maximum $35 million fine from the government’s auto safety agency, touched off a companywide safety review. That brought a total of 84 recalls involving more than 30 million vehicles.

As of last week, GM had fixed just over 56 percent of the 2.19 million cars with faulty ignition switches that are still on the road in the U.S., according to documents filed with federal safety regulators. The company said it could not reach about 80,000 of the car owners.

Still, even with letters, telephone calls and Facebook messages, GM hasn’t been able to get all the owners to have their cars repaired about a year after the recalls started. It’s not unusual for some car owners to ignore recall notices. The average completion rate 1 1/2 years after a recall begins is 75 percent, according to the National Highway Traffic Safety Administration.
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Oakland Post: Week of February 25 – March 3, 2026

The printed Weekly Edition of the Oakland Post: Week of – February 25 – March 3, 2026

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March 1, 2026

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Chase Oakland Community Center Hosts Alley-Oop Accelerator Building Community and Opportunity for Bay Area Entrepreneurs

Over the past three years, the Alley-Oop Accelerator has helped more than 20 Bay Area businesses grow, connect, and gain meaningful exposure. The program combines hands-on training, mentorship, and community-building to help participants navigate the legal, financial, and marketing challenges of small business ownership.

Published

2 weeks ago

February 21, 2026

Oakland Post

Bay Area entrepreneurs attend the Alley-Oop Accelerator, a small business incubation program at Chase Oakland Community Center. Photo by Carla Thomas.

By Carla Thomas

The Golden State Warriors and Chase bank hosted the third annual Alley-Oop Accelerator this month, an empowering eight-week program designed to help Bay Area entrepreneurs bring their visions for business to life.

The initiative kicked off on Feb. 12 at Chase’s Oakland Community Center on Broadway Street, welcoming 15 small business owners who joined a growing network of local innovators working to strengthen the region’s entrepreneurial ecosystem.

At its core, the accelerator is designed to create an ecosystem of collaboration, where local entrepreneurs can learn from one another while accessing the resources of a global financial institution.

“This is our third year in a row working with the Golden State Warriors on the Alley-Oop Accelerator,” said Jaime Garcia, executive director of Chase’s Coaching for Impact team for the West Division. “We’ve already had 20-plus businesses graduate from the program, and we have 15 enrolled this year. The biggest thing about the program is really the community that’s built amongst the business owners — plus the exposure they’re able to get through Chase and the Golden State Warriors.”

According to Garcia, several graduates have gone on to receive vendor contracts with the Warriors and have gained broader recognition through collaborations with JPMorgan Chase.

“A lot of what Chase is trying to do,” Garcia added, “is bring businesses together because what they’ve asked for is an ecosystem, a network where they can connect, grow, and thrive organically.”

This year’s Alley-Oop Accelerator reflects that vision through its comprehensive curriculum and emphasis on practical learning. Participants explore the full spectrum of business essentials including financial management, marketing strategy, and legal compliance, while also preparing for real-world experiences such as pop-up market events.

Each entrepreneur benefits from one-on-one mentoring sessions through Chase’s Coaching for Impact program, which provides complimentary, personalized business consulting.

Garcia described the impact this hands-on approach has had on local small business owners. He recalled one candlemaker, who, after participating in the program, was invited to provide candles as gifts at Chase events.

“We were able to help give that business exposure,” he explained. “But then our team also worked with them on how to access capital to buy inventory and manage operations once those orders started coming in. It’s about preparation. When a hiccup happens, are you ready to handle it?”

The Coaching for Impact initiative, which launched in 2020 in just four cities, has since expanded to 46 nationwide.

“Every business is different,” Garcia said. “That’s why personal coaching matters so much. It’s life-changing.”

Participants in the 2026 program will each receive a $2,500 stipend, funding that Garcia said can make an outsized difference. “It’s amazing what some people can do with just $2,500,” he noted. “It sounds small, but it goes a long way when you have a plan for how to use it.”

For Chase and the Warriors, the Alley-Oop Accelerator represents more than an educational initiative, it’s a pathway to empowerment and economic inclusion. The program continues to foster lasting relationships among the entrepreneurs who, as Garcia put it, “build each other up” through shared growth and opportunity.

“Starting a business is never easy, but with the right support, it becomes possible, and even exhilarating,” said Oscar Lopez, the senior business consultant for Chase in Oakland.