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| Top 20 vehicles by sales volume 2013 |
There's your everyday, run-of-the-mill, garden-variety recall from going automobile companies like Toyota and Honda who recall vehicles and still make a profit, and then there's your government-subsidized, taxpayer-funded, otherwise bankrupt recall like one from General Motors or Chrysler.
Which would you prefer?
The New York Times reports here:
General Motors announced on Saturday morning that it was recalling 490,000 trucks and 172,000 compact cars, meaning the automaker has now recalled about 4.8 million vehicles in the United States during the first three months of the year. That is about six times the number of vehicles it recalled in all of 2013. ... G.M. recalled about 758,000 vehicles in the United States in 2013, ninth among automakers, according to the National Highway Traffic Safety Administration. Toyota was first, with about 5.3 million vehicles, followed by Chrysler with 4.7 million and Honda with almost 2.8 million.
Taxpayers lost $10 billion on the GM bailout, $1.3 billion on the Chrysler bailout.
