We have yet another story involving G.M., which creates an image of a house of cards, a house that could eventually crumble given all the legal trouble piling on the automaker.
There is no question that this has proven to be a very busy year for auto recalls. Indeed, roughly 46 million vehicles have already been recalled this year. To put this in perspective, consider that this equates to nearly one out of every five vehicles on the nation's roads and highways here in the U.S., and that the previous annual recall record set back in 2004 was a mere 30.8 million.
There are certain parts of our automobiles that we just assume are failsafe given the vital role they play. For instance, we assume that our seat belts will always remain fastened, our anti-lock brakes will always activate, and our air bags will always deploy in a safe manner.
As we've discussed in earlier posts, the federal government has subjected General Motors to both intense scrutiny and withering criticism over its long-overdue recall of 2.6 million vehicles for defective ignition switches that have now been definitively linked to 54 car accidents and a minimum of 15 fatalities.
As illustrated by our blog, the federal government wields considerable authority when it comes to dealing with dangerous auto defects, issuing fines and persuading automakers to institute a recall. Interestingly enough, however, this authority does not extend to the realm of both used cars and rental cars.
For the past few months, our blog has been closely following the recall of 2.6 million cars initiated by General Motors for a faulty ignition switch that has been definitively linked to at least 31 motor vehicle accidents and 13 confirmed traffic deaths.
General Motors once again grabbed headlines after its CEO Mary Barra was called to testify before the House Oversight and Investigations panel earlier this week. Here, Barra was subjected to rigorous questioning from lawmakers regarding the more than two million cars the auto giant has recalled for a faulty ignition switch that has now been linked to over 12 traffic fatalities.
In our last post, we discussed how General Motors had recalled 1.37 million cars here in the U.S. for a faulty ignition switch that has been linked to at least 31 motor vehicle accidents and 13 traffic fatalities.
The National Highway Traffic Safety Administration recently released its annual report outlining which automakers had the largest number of recalls over the preceding 12 months. While the report didn't contain too many surprises, it did show how car companies are continuing to struggle with large-scale recalls spanning not thousands, but rather millions of vehicles.