Posted on 06/05/2014 8:36:36 AM PDT by jazusamo
Video of press conference at source.
General Motors has dismissed 15 employees and disciplined five others in the wake of an internal investigation into the company's handling of defective ignition switches, which lead to at least 13 fatalities.
GM CEO Mary Barra says the personnel worked in several areas including engineering, legal and public policy, and that a disproportionate number of them were senior executives or higher.
Barra described the conclusions of the investigation as “extremely thorough, brutally tough, and deeply troubling.”
Barra says that the report found no conspiracy to cover up facts or trade-off between safety and cost, but that the problem was misdiagnosed and that the individuals involved simply didn’t do enough, didn’t take responsibility or act with a sense of urgency to address the issue when it came to light.
(Excerpt) Read more at foxnews.com ...
At an airport I overheard quite a few GM employees laughing about Toyotas recalls. The G guys said “at least our recalls never killed someone”.
Government Motors, working at the efficacy of government.
Sounds like prime candidates to work in the White House.
this is all smoke and mirrors to avoid the “fraud on the bankruptcy court” claims.
ANYBODY else would be on the hook.
IOW a disproportionately low number of them were union employees.
Technically, GM did not go into bankruptcy... They went into the Obama Restructure Program.
But the important thing to remember is that the UAW Medical Pensions got the bulk of the ownership and that the premium bond holders got screwed like a piece of soft pine wood.
Many more heads should roll because of this phony report. The fix on the ignition switch (I believe in 2005) was not publicized and the part number remained the same. They knew of the dangers and did not make a recall, they only changed out the switch if an owner came in to a dealership and complained.
GMs internal investigations, findings and solutions look eerily similar to that of our Federal Government. Huh. I wonder why.
To put this into some sort of perspective, which I realize is always wildly unpopular.
There are 2.6M cars recalled. To be conservative, let’s assume each was drive 50,000 miles before being recalled. That’s 130,000,000,000 miles.
13 deaths, although the true number is likely higher, works out to one death for each 10B miles.
The fatality rate in 2012 on American roads was 1.14 per 100M miles or unless I’m dropping a decimal somewhere, 114 per 10B miles.
IOW, the increase in risk of fatality for driving one of these cars was something less than 1% above driving an average car.
I get lost in the numbers, sometimes, so I may be off somewhere, though.
All true but in my view it boils down to the fact they knew about the problem early on, made a change to the ignition switch and did NOT recall the cars already on the road to change that switch.
People died after that change was made because they didn’t recall those vehicles.
Of course they are senior executives. The peons don’t have to authority to suppress the bad news.
After Hussein took over Government Motors, didn’t he give 1/3 of the company to the UAW?
The sole purpose of Hussein’s Government Motors takeover was to save Union contracts —— Past.Present.Future
Can’t blame the union here. They assemble what they are given. If the parts are faulty, it is engineering or management.
Yes as stated in rule #1 when you reach the top always keep a few fall guys in the wing.
At least GM in the more-or-less private sector can actually FIRE people for incompetence.
Quick, can you name even one gubbmint worker at any level fired for the VA, IRS, Fast & Furious, NSA, Benghazi scandals?
I contend that this is not what happened. These people were just used as scapegoats to protect the politically connected ones.
...can you name even one gubbmint worker at any level fired for the VA, IRS, Fast & Furious, NSA, Benghazi scandals?
No, and I don't expect to. Government is immune from the same expectations of integrity as big, dirty capitalism is subject to.
The UAW should have been treated as any other creditor but they were given preferential treatment in the bailout.
Their pension fund was saved at the expense of taxpayers and they were given a good portion of GM stock which I believe has been at least partially bought back, maybe fully.
The UAW came out smelling like a rose and bondholders were raped.
I could not agree with you more
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.