GM has released details about its compensation fund for victims of a fatal safety flaw in its ignition switches. The Chevrolet Cobalt is one of several GM models that were recalled over the flaw. David Zalubowski/AP hide caption

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General Motors Chief Executive Officer Mary Barra (center), Executive Vice President Mark Reuss (right) and President Dan Ammann discuss a review of the company's handling of a recall for a deadly ignition switch problem. Bill Pugliano/Getty Images hide caption

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A Ford Motor assembly employee works on a 2013 Ford C-MAX Hybrid vehicle at the Michigan Assembly Plant in Wayne, Mich., on Nov. 8, 2012. Rebecca Cook/Reuters /Landov hide caption

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General Motors executive Mary Barra, seen here in January, will become the automaker's first female CEO. She will replace Dan Akerson, 65, who is retiring. Carlos Osorio/AP hide caption

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