GM earlier this year recalled 2.6 million cars for the faulty ignition switches, which can cause engine stalls and stop power steering and power brakes from operating and air bags from deploying. It has also admitted not fixing the problem for a decade.
The number of death claims represents nearly five times the 13 deaths that GM has attributed to the defective switches.
The payouts from the compensation fund for eligible claims are expected to be completed by the second quarter of 2015 and the families for those who died would likely be awarded at least $1 million each.
While this is a nice gesture I am sure all of those families affected would much rather have had GM to fix the error when discovered so they could have their family member with them yet today!