05-19-2014, 09:42 AM | #99 | |
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05-19-2014, 11:53 AM | #100 | |
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05-19-2014, 12:55 PM | #101 | |
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by law, a company can not be held liable for anything that happened before a bankruptcy filing. however, there are disclose laws with bankruptcy, and if it could be proven that GM withed the info about the ignition they would loose that shield. GM has not yet said if they're going to go that route or not. |
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05-19-2014, 01:42 PM | #102 |
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$35M is but a pittance for a company like GM. It was said that sum is the equivalent a single day's worth of revenue, and the fine supposedly wiped out profit for a single quarter's financial reporting period. Life will go on just fine at GM.
There's a fine line to walk with regards to laissez fair business practices and legislating and auditing every business decision that could affect safety. Corporations don't always do what is ethical; they don't have to. But, those kinds of decisions are hedges against stuff like this recent investigation. This bet didn't end well for GM. For those too young to remember, look up the exploding GM C/K series pickup debacle from the 1980's. The fuel tanks were mounted between the frame rail and the bedside, and a direct impact to the side of the truck could cause the truck to explode. It killed a lot of people over a number of years. Reminds me very much of this latest investigation. |
05-19-2014, 01:43 PM | #103 | |
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05-19-2014, 02:15 PM | #104 | |
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Norm |
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05-19-2014, 03:52 PM | #105 |
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05-19-2014, 04:10 PM | #106 | |
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And, the 13 deaths being reported, are only the ones GM is admitting were a result of the defective ignition cylinders. There are many more fatalities that they haven't admitted to, so expect that number to climb. |
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05-19-2014, 04:47 PM | #107 | |
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I also think its lousy reporting and the reporter is pretty obviously bought and paid for....... I mean unless they can prove that every single death and injury...every single one....was conclusively not caused by the car going out of control then they should get hammered....it doesn't matter if 99% of the cases get thrown out...if there's one single instance that is to much.....anything else, including this article, is simple misdirection and its criminal...... Last edited by Rhyder; 05-19-2014 at 09:43 PM. |
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05-20-2014, 09:12 AM | #108 | |
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05-20-2014, 09:14 AM | #109 | |
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05-20-2014, 10:07 AM | #110 | |
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You also fail to recognize that it seems people didn't have problems with keys and all other car manufacturers. Including such "crap" companies like Kia or Honda or Hyundai. Nor do you seem to even be willing to admit the culture of shame that hid these problems, and tried to sweep it under the rug. But yeah let's blame the amount of keys. Seems logical to focus on that. |
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05-20-2014, 10:12 AM | #111 | |
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Are you really trying to say that anyone who died in an accident that it was their fault for not knowing how to drive. Spin control in 5...4...3...2 |
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05-20-2014, 10:43 AM | #112 | |
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