It was one of the biggest scandals in the history of the U.S. domestic auto market. From the time it was first observed in 2004 to the deadly incidents that would claim at least 124 lives in the coming years, the GM faulty ignition switch recall and resulting scandal would erase billions in value from the company and cause immeasurable pain and suffering to families across the country. 2.6 million vehicles would be affected.
Company CEO Mary Barra has repeated continue reading...
Bloomberg reports that General Motors Co. has agreed to pay $900 million to the U.S. Justice Department over an ignition switch flaw linked to the deaths of at least 124 people.
Evidence suggests that GM was aware of the potentially fatal ignition switch defect as early as 2003, when it was reported by a Pontiac owner and demonstrated to officials. The flaw leaves ...
continue reading...GM has released the report of an internal investigation on its handling of the faulty ignition switches that caused its most recent recall. The details of the information point to a pattern of “incompetence and neglect” as employees were found to have known about the problems for years. The report brings to light dozens of employees’ failures to act despite knowledge of the ignition switch defects that led to an unknown number ...
General Motors (GM) made headlines yet again at the end of June when the automotive manufacturer announced another recall on 8.2 million vehicles due to potentially dangerous and defective ignition switches. A company spokesperson announced that the defect could cause the vehicles to suddenly lose power, which can disable numerous safety features and cause drivers to lose control. Similar defects in the Chevy Cobalt, 2.6 million of which were previously recalled earlier this ...
In the wake of its recent recall of an estimated 29 million motor vehicles, General Motors (GM) has admitted that certain employees had knowledge of the ignition switch defect for over ten years prior to the recalls. New information shows that GM ignored numerous serious complaints regarding the defective ignition switch.
Bloomberg news obtained documents via a Freedom of Information Act request that included numerous reports from rental car companies regarding problems with ...
continue reading...A lawsuit filed in June alleges that the recent GM recalls of millions of cars and trucks damaged the brand and that owners should be compensated for lost resale value. The complaint claims that concealing defects hurt GM vehicle owners.
The lawsuit claims that potentially 15 million car and truck owners should be compensated more than $10 billion for, not just the ...
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