Barra insists there was “no conspiracy by the corporation to cover up facts.”
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General Motors Co. (GM) suffered from "incompetence and neglect" in dealing with a long-running ignition-switch defect in vehicles linked to at least 13 deaths, CEO Mary Barra said Thursday, as she announced the creation of a new fund to compensate the victims.Speaking at the company's technical center in Warren, Michigan, Barra addressed an estimated crowd of nearly 1,000 employees as the largest U.S. automaker unveiled the findings of an internal investigation into why it took more than a decade to finally recall vehicles with the safety defect.With the release of GM's internal investigation, Congress is expected to announce a new round of hearings soon.Millikin, who led the internal probe with former U.S. prosecutor Anton Valukas, is expected to continue working at GM.
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