General Motors Goes On Witch Hunt To Determine Who Knew What, About Deadly Recall

GM said Monday it had hired Valukas, who probed Lehman Brothers Holdings Inc.’s 2008 downfall, to help lead an internal investigation into design failures tied to at least 13 deaths dating back a decade. The National Highway Traffic Safety Administration has given GM until April 3 to say why it took so long to announce a recall of 1.6 million vehicles to fix the flaw.

Valukas will help with the NHTSA inquiry, according to GM, as well as run his own internal probe, for which GM hasn’t stated a deadline. He declined to comment on his hiring.

MrEE - 3/11/2014 7:10:42 PM

+1 Boost

Like Ford, they trade off cost of lawsuits verses cost to fix the design.
"why it took so long" they were on the path to bankruptcy, could not afford the cost, and figured the bankruptcy would shield them from future lawsuits.