GM - another example of Big Gov

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You only have to look at the VA Hospital system to see where Obamacare is headed at best. But look at GM. They get a financial pat on the back and now it is recall after recall. Why? Quality has deteriorated and safety is not a priority. They got their loan and they know Big Gov along with the lame stream media will cover their ass. Ford, who did not accept money from Big Gov, was fined $17 mil last year by safety regulators for not recalling Escape SUV's with sticking accelerators quickly enough. GM took over a decade to recall milliions of cars with a defective ignition switch that has now been linked to at least 13 deaths. Are their different rules for those who take the hand outs or what. Big Gov fails at every level. They try to pick winners and never do. Meanwhile the deficit spirals but what difference does it make...right.
 

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GM Recall

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[h=1]General Motors recalls yet another 2.4 million cars[/h]By Chris Isidore @CNNMoney May 21, 2014: 2:50 PM ET




140520115507-general-motors-recall-2014-traverse-620xa.jpg
The 2014 Chevrolet Traverse LTZ is among the several models recalled on Tuesday.
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NEW YORK (CNNMoney)
[h=2]General Motors' recall headache continues to grow.[/h]The automaker recalled another 2.4 million U.S. cars and trucks Tuesday, including 1.3 million popular late-model crossover vehicles, and 1.1 million older cars.

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The crossover SUVs being recalled -- Buick Enclave, Chevrolet Traverse, GMC Acadia and Saturn Outlook -- have a problem that can cause the front seat belt to separate from the car during a crash. GM (GM) said it is a serious enough problem that it is ordering dealers not to sell new or used models of the vehicles until repairs are made. The model years involved are 2009 to 2014.
GM was hit with a $35 million fine Friday by the National Highway Traffic Safety Administration for a delay in reporting problems with a faulty ignition switch tied to at least 13 deaths. GM engineers knew of the switch problem as early as 2004, but the company did not start recalling the cars until February this year.
Related: GM to pay $35 million over delayed recall
GM CEO Mary Barra has repeatedly apologized for the delay, saying it was unacceptable and promising to take steps to make sure it didn't happen again. The automaker has hired 35 product investigators since the recall scandal broke and appointed a new executive in charge of safety.
So far in 2014, GM has recalled 13.6 million vehicles in the U.S. and a total of 15 million worldwide.
GM spokesman Alan Adler said that Tuesday's recalls are an example of GM's commitment to act more quickly than in the past.
Related: 'Deathtrap' on GM's naughty words list
Adler said there were no injuries or deaths associated with Tuesday's recalls. But there were 18 accidents tied to a problem with the transmissions in 1.1 million Chevy Malibus and Pontiac G6's. That recall covered model years from 2004 through 2008.
GM also recalled 1,400 2015 Cadillac Escalades for an airbag problem, as well as 58 2015 Chevy Silverado and GMC Sierra being recalled due to a fire risk. That is one of two recalls GM has announced this year of less than 100 vehicles.
Related: More GM recall news
GM said the recall announced Tuesday will cost $200 million, bringing total charges for this quarter up to $400 million. Last quarter the company took a $1.3 billion charge associated with recalls that essentially wiped out if profit for the quarter.
And those charges are only for the cost of repairs, not fines or potential payments to those injured or killed.
 

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So now what, another loan?
 

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Hot off the Press

GM Recalls Half a Million Camaros on Possible Power Loss

http://www.bloomberg.com/news/2014-06-13/gm-recalls-half-a-million-camaros-on-possible-power-loss.html

GM Is alive!!!!















Like a zombie...
 

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Government Motors - what a joke. Union at it's best. At one time unions took pride in their quality, now they just show up and go through the motions. I wonder how many GM employees have signed up for Obamacare.
 

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