GM Faces $2 Billion In Recall Liabilities If Judge Says They Can No Longer Hide Behind Bankruptcy Shield

Jesse Salazar III says an ignition switch flaw in his 2008 Chevrolet HHR has depressed its value, and he wants manufacturer General Motors Co. to make it up to him. GM will argue in court filings later today that it shouldn’t owe money to Salazar and hundreds of thousands of people like him.

Salazar has several thousand dollars at stake in U.S. Bankruptcy Judge Robert Gerber’s ruling. Hanging in the balance for GM is more than $2 billion, according to a Bloomberg News calculation.