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GMs Ignition Switch Problem
2014-03-17 17:49:06| AutomotiveDigest.com - Automotive Industry News
Last month GM announced what seemed a routine recall of 1.62M cars that were linked to 12 deaths and 31 crashes in which airbags didn't inflate properly. But today GM is facing their biggest crisis in many years, complete with a criminal investigation, upcoming Congressional hearings, scrutiny from federal regulators, and a host of looming lawsuits. On top of all that, there's been a storm of negative publicity over the possibility that the cars weren't recalled in a timely manner -- including news reports with tearful stories about people killed in the now-recalled cars. GM has apologized for the way the recall was handled, and even hired outside law firms to investigate the company's response to the ignition problems. Meanwhile, GM company stock tumbled nearly 10% last week. READ MOREThe Article GMs Ignition Switch Problem appeared first on Automotive Digest.
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Category:Automotive