GM’s Year of Recalls

The Wall Street Journal:

What’s the average cost per car to replace the faulty ignition switches in 2.6 million small cars – the defect the company has linked to 13 deaths, scores of lawsuits, a federal criminal investigation, and multiple probes by congressional committees, federal regulators and state attorneys general?

$261, it turns out. When you add up all the massive recalls that GM has issued this year, it starts getting crazy. 29 million cars. $2.54 billion with a B. In other words, meet the new GM – no different than the old GM.

Published on July 30, 2014 in GM,Recall

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