GM's CEO Barra and former CEO Akerson

GM’s Ignition Recall Lapse - Fines, Investigation and Congressional Probes Oh My!

For the last few years, GM has been on the comeback train by building better quality products and shaking up their product mix. This positive momentum has just been derailed by a huge failure to report a decades old problem and to conduct a timely recall. The recall lapse has all the markings of a train wreck. Here is what you need to know.

In case you missed the news, GM is recalling approximately 1.6 million Chevrolet, Pontiac, Saturn and Opel vehicles for problems with the ignition switch. When GM first introduced this recall, they claimed that only Chevy Cobalt and Pontiac G5 sedans were affected. They also claimed that most people just needed to remove all objects from their key ring besides the key. Since that initial statement, things have grown substantially. Officially GM has this recap of the issue:


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Wondering when gm will admit the v6 camaro gen5 2010-2014 has the m6 faulty transmission, pops out of gear stalling the vehicle amongst moving traffic.
What is the definition for a recall to be "terribly bad"? I read in my local paper that GM would provide free loaner cars until the repairs can be made and $500 toward a purchase of a new car, but only if an owner of a recalled vehicle requests it. On the NHTSA site nor with GM site is that information given. So I wonder how many of the 1.6 million recalled vehicle owners are aware of that?
I just heard about the $500 offer yesterday. With this recall being an ongoing saga, there will be new pieces of information like this. Like I said above, the recall really isn't that bad. What's bad is that GM waited so long to process it.
It is increasingly looking "terribly bad" after an independent analysis commissioned by Center for Auto Safety shows over 300 fatalities of failure of airbags to deploy in the same model/year of autos recalled by GM.