The Chevrolet Cobalt is one of several GM models that were recalled for faulty ignition switches. The carmaker is paying a $35 million penalty. David Zalubowski/AP hide caption

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GM Will Pay $35 Million Fine Over Massive Safety Recall
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Toyota has agreed to spend more than $1 billion to resolve lawsuits stemming from "unintended acceleration" cases. In November, the company displayed new cars at the Los Angeles Auto show. Kevork Djansezian/Getty Images hide caption

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