Losing Bankruptcy Liability Shield Could Cost GM $2 Billion

By , and | November 6, 2014

  • November 6, 2014 at 1:20 pm
    Crain says:
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    To those of you who have recently bought or soon will buy a GM vehicle, WHY??? Look at how they treat people. Why would anyone do business with a company that has such a blatant disregard for humanity? We bail these clowns out of debt with our tax dollars and they do this to the public? I have never seen proof that they repaid the entire debt.

    • November 6, 2014 at 1:49 pm
      Puzzled in PA says:
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      To Crain: I would ask why the vitriol against GM? Toyota has issues, Mazda has issues, along with Honda and others. Starting with the Ford Pinto back in the 1970’s, the American public has been faced with the discussion of cost versus value of human life. This is just another chapter in this epic saga. I am not particularly a fan of GM either but I don’t see this as any different from other industries either. Google Stryker hip implants and you’ll see something else that might scare you as well. It is not indigenous to the car industry either.

      • November 7, 2014 at 11:38 am
        Crain says:
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        Why the vitriol? Did I excuse the others? If one company abuses people and tries to escape culpability, we should excuse all of the companies who do this? Wow. Your standards are low. I guess that I went over your threshold. It was a low step over.

        • November 11, 2014 at 2:14 pm
          Puzzled in PA says:
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          I would concur that we should all expect perfect products from manufacturer’s with utmost integrity and the well being of their customers in mind. Good luck with that in general, though. My only comment was directed to present the position that every decision made in a manufacturing setting is a balance between ultimate cost and product performance. There is no excuse now, nor has their ever been, for producing any product that is patently dangerous or ineffective. Similarly, there is no excuse for not “making it right” as soon as there is a known pattern of problems. Hiding it or ignoring it does not make it go away.

  • November 6, 2014 at 1:22 pm
    Scott says:
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    So if Jesse gets his ignition replaced at no cost, he no longer “loses value” on his car. Instead, he can now show his car has actually improved, but that’s too easy. Let’s go after the big money instead.

    Spare me……….

    • November 6, 2014 at 2:02 pm
      Libby says:
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      Did they offer to fix his ignition?

  • November 6, 2014 at 2:04 pm
    blu lightning says:
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    That would be a part of the recall Libby

    • November 6, 2014 at 2:40 pm
      Libby says:
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      In that case, I agree with Scott.

  • November 6, 2014 at 2:25 pm
    Texas Girl says:
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    I had an 07 HHR with the bad ignition, mind you, mine never acted up nor did I ever have any problems. I traded it in this year on a 2014 GMC Terrain. They gave me a great trade in value (without the repair being done), plus I got GM Employee pricing on the new vehicle, (because of the recall)! Worked out for me just fine. Like Scott says, get the part fixed under the recall, and all is well. People need to take care of their own business and deal with life. No need to sue everybody, life is not fair and never will be.

  • November 6, 2014 at 5:59 pm
    perplexed says:
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    I would never buy a GM car again. They initially recalled only 2005-2007 vehicles for the ignition problems and that wasn’t until 2014. My sister had a new 2010 Impala that would go completely dead while she drove down IH35 in Austin. Not where I want to be with a car that shuts itself off. 3 GM dealerships told her that there was nothing wrong with her car. A check on the internet revealed that lots of people were having the same problem with their Impalas and the same response from their dealerships. GM knew since 2005 that they had the problem, but it took them 9 years to acknowledge it. They didn’t recall until 2014, and they initally recalled only the 2005-07 model Cobalts, I believe. Now they are recalling vehicles back to 1997 and 1998.
    My sister’s Terrain has ignition problems now, and the dealership is giving her the same run around. They can’t find anything wrong with it. Different problem this time…she can’t turn the Terrain off sometimes. So far it hasn’t happened when the dealership is open so they keep it a week or two and tell her that there is nothing wrong with the car.
    No GM cars for me. I wouldn’t care if they went bankrupt over this recall.

  • November 6, 2014 at 10:02 pm
    Trish says:
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    All these problems…. Yup… can’t wait for those “driverless” cars. What the heck is going to happen when those cars do strange things on the road – and the drivers cannot control them! Who will be at fault in the accidents? Yes… can’t wait for our “leaders” to be so pleased when they will be able to control how, where and when we get to ride in the “driverless” cars for which we will be paying. You know there will be recalls. The car manufacturers cannot make even a standard car run correctly, yet alone a driverless one!

    • November 7, 2014 at 10:02 am
      Libby says:
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      Paranoid any?

      • November 10, 2014 at 1:24 pm
        DW says:
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        Doesn’t seem very paranoid to me. If they can’t get cars right today, I don’t expect that they will tomorrow. The more tech that goes into cars, the less they seem to perform correctly.

      • November 10, 2014 at 2:35 pm
        Libby says:
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        “can’t wait for our “leaders” to be so pleased when they will be able to control how, where and when we get to ride in the “driverless” cars for which we will be paying.”

        That doesn’t sound paranoid to you? Like the government is going to control when, where, and how we drive? Sure does to me.



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