Friday, April 4, 2014
Having said that, the congressional hearings into defective GM vehicles is stunning and jaw dropping. GM has recalled millions, MILLIONS, of vehicles this year. There's particular focus on a small car with a defective ignition system. The car would shut off, and disable safety devices, like air bags.
It's apparent the problem was known inside GM for years, and no one said a word. A new part would have cost less than one dollar.
GM has already hired an attorney to work on settlements with victims' families.
I've seen people go to jail for less.
The new head of the company hasn't said or done much to restore confidence. People need more than "We're sorry."
AT 12:00 AM