GM offering $500 cash allowance to owners of recalled vehicles
DETROIT -- General Motors is offering free loaner cars to owners of compact cars that are being recalled for a deadly ignition switch defect. The company also will offer a $500 cash allowance to owners who want to buy or lease a new GM vehicle. In a release posted Thursday on the National Highway Traffic Safety Administration Web site, GM said the cash offer is good toward any 2013-2015 model year Chevrolet, Buick, GMC or Cadillac.