Wednesday, July 23, 2014

GM Announces Another 718,000 Recalls




So what else is new?  Another week and another recall by GM.  Well, to be honest, it has been three weeks since the last recall, not one week.  Of this batch of the 717,950 cars recalled, all were new models built in 2010 and later, such as  Camaro, Equinox, Caprice, Regal.  This brings the grand total of recalls year to date to a 29,200,000 around the globe, which is well over three time the total number of cars sold in the past three years.  My thought is that we should have just left GM stay in bankruptcy and go through a reorganization without a government bailout.

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