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GM hit with $10 billion lawsuit saying recalls damaged brand
Reuters/yahoo.com ^
| July 18, 2014
| Jessica Dye and Jonathan Stempel
Posted on 06/18/2014 8:42:07 AM PDT by grundle
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Obama had the government take majority ownership of GM, and under his leadership, the company refused to recall defective cars which had killed more than a dozen people. This was highly unusual as the average recall involves zero deaths. Only after ownership was returned to the private sector did these defective vehicles get recalled.
1
posted on
06/18/2014 8:42:07 AM PDT
by
grundle
To: grundle
I hate lawsuits like this.
It's much more important that they fix the problems than having to be concerned about brand reputation.
I hope it goes nowhere.
It would of course be better if they didn't make defective cars in the first place, but good luck with that in a government owned union shop.
2
posted on
06/18/2014 8:46:34 AM PDT
by
BitWielder1
(Corporate Profits are better than Government Waste)
To: grundle
GM should sue Obama for damaging the brand... but they made their bed with the fleas, selling this crap to the DHS by preference. Screw them
3
posted on
06/18/2014 8:47:37 AM PDT
by
lavaroise
(A well regulated gun being necessary to the state, the rights of the militia shall not be infringed)
To: grundle
“Government Motors” is the new brand.
It’s like the VA.
Geeze, people should tune in. and the VA is going to look like the Mayo clinic when this is underway.
4
posted on
06/18/2014 8:48:02 AM PDT
by
stanne
To: grundle
So, after the lawsuit further damages the brand, will the plaintiffs then be able to go back for another round? and again, and again?
5
posted on
06/18/2014 8:49:12 AM PDT
by
Dr. Sivana
("If youÂ’re litigating against nuns, youÂ’ve probably done something wrong."-Ted Cruz)
To: grundle
I will never buy a new or used government motors car.
6
posted on
06/18/2014 8:49:14 AM PDT
by
ealgeone
(obama, borderof)
To: grundle
it is correct.
remember they TRIED to say the suits were blocked by the bankruptcy filing DESPITE the fact they, including the new government appointed ceo, hid the deadly defect claim information.
Then again Obama pretty much shreaded the GM reputation by edict overriding the law.
7
posted on
06/18/2014 8:50:33 AM PDT
by
longtermmemmory
(VOTE! http://www.senate.gov and http://www.house.gov)
To: grundle
Certainly SOUNDS LIKE Government Motors...
8
posted on
06/18/2014 8:53:58 AM PDT
by
Mr. K
(Palin/Cruz 2016)
To: grundle
Looks to me like somebody trying to kill GM, ‘cause that’s what would happen IMO.
9
posted on
06/18/2014 8:57:13 AM PDT
by
rockinqsranch
(Dems, Libs, Socialists, call 'em what you will. They ALL have fairies livin' in their trees.)
To: rockinqsranch
this creates deflation.
GM cars are overpriced in comparison to other brands. You are denied many common features due to pot smoking overpriced union incompetent labor.
10
posted on
06/18/2014 8:59:16 AM PDT
by
longtermmemmory
(VOTE! http://www.senate.gov and http://www.house.gov)
To: grundle
Wonder if it’s too late for Pontiac, Saturn and Oldsmobile owners to sue for brand damaging.
11
posted on
06/18/2014 8:59:43 AM PDT
by
chrisser
(Senseless legislation does nothing to solve senseless violence.)
To: grundle
12
posted on
06/18/2014 9:12:53 AM PDT
by
Darksheare
(Try my coffee, first one's free..... Even robots will kill for it!)
To: grundle
13
posted on
06/18/2014 9:13:34 AM PDT
by
Old Yeller
(Anything is possible, if you don't know what you're talking about.)
To: grundle
Sorry, but GM being crap has been known for decades, if you chose to buy an inferior brand in the first place you can’t sue the company after the fact.
This should be tossed with prejudice, especially since everyone knows that the owners of the vehicles will never seen anything more than a few bucks even if they win and the ambulance chasing attorney who never owned a GM will find himself a billionaire..
To: BitWielder1
The only reason GM would fix this is risk of lawsuits.
15
posted on
06/18/2014 9:17:40 AM PDT
by
redgolum
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
To: redgolum
Yes but this lawsuit would discourage recalls. That's worse.
16
posted on
06/18/2014 10:59:30 AM PDT
by
BitWielder1
(Corporate Profits are better than Government Waste)
To: grundle
Government take over of a business and install an affirmative action CEO and this is bound to happen.
GM should have been left to the dustbin of history. We’ve managed just find without Nash, Holden, AMC, Austin, DeLorean, Checker, and every other automobile failure.
To: rockinqsranch
Looks to me like somebody trying to kill GM, cause thats what would happen IMO Sounds like a good idea to me. They should have let GM go bankrupt the last time around. It would have been cheaper for taxpayers and better for all. The only ones who benefitted are the UAW.
18
posted on
06/18/2014 11:00:54 AM PDT
by
rllngrk33
(Things will continue getting worse until at least January 2017.)
To: BitWielder1
The only reason you do recalls is the fear of getting caught.
That is the only reason a “recall” exists. The penalty for NOT doing the recall is greater. If the penalty is less, you don’t do a recall. Large companies and organizations have lawyers who handle that specific thing.
GM is playing the game that all large corporations do.
19
posted on
06/18/2014 12:25:04 PM PDT
by
redgolum
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
To: rllngrk33
“Sounds like a good idea to me. They should have let GM go bankrupt the last time around......”
Agree.
20
posted on
06/18/2014 12:46:47 PM PDT
by
rockinqsranch
(Dems, Libs, Socialists, call 'em what you will. They ALL have fairies livin' in their trees.)
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