GM To Pay $35 Million U.S. Fine For Delayed Response
General Motors Co was slapped on Friday with a $35 million U.S. fine for its delayed response to an ignition switch defect in millions of vehicles, as federal regulators accused a long line of company officials of concealing a problem that is linked to at least 13 deaths.
U.S. Transportation Secretary Anthony Foxx announced the fine, which is the maximum the agency can impose. Other investigations into the automaker's handling of the recall are being conducted by the federal government and could come with more severe punishments.
It was unclear how those additional probes might be influenced by Friday's actions by the Obama administration, especially after Foxx declared: "What GM did was break the law ... They failed to meet their public safety obligations."
The "part" keeps getting cheaper as the days pass.The amount of money necessary for GM to have fixed everything is currently being reported as a lesser amount than when this all started.Lets see if the courts are smart enough to pick up on that.Once the amount hits free it can't go any lower.Imagine free parts the next time you visit Pep Boys.
delayed response...ha ha .. they haven't even attempted to pay the interest on Obama's gift to the UAW..they underwrote.. Communist Cars.. just take a look who drives a Chevy and you'll know who they voted for..(except the Trucks)
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Oh Boy!! And where is this money coming from?
ReplyDeleteMore like, where's it going to?
ReplyDeleteAnd what happens to our government that has failed to meet it's obligations???
ReplyDeleteThe "part" keeps getting cheaper as the days pass.The amount of money necessary for GM to have fixed everything is currently being reported as a lesser amount than when this all started.Lets see if the courts are smart enough to pick up on that.Once the amount hits free it can't go any lower.Imagine free parts the next time you visit Pep Boys.
ReplyDeletedelayed response...ha ha .. they haven't even attempted to pay the interest on Obama's gift to the UAW..they underwrote.. Communist Cars.. just take a look who drives a Chevy and you'll know who they voted for..(except the Trucks)
ReplyDelete