General Motors, bailed out at a loss to the American people in 2009, has now had to recall approximately 2.6 million vehicles according to this story, many built well after the fact:
General Motors is boosting by 971,000 the number of small cars being recalled worldwide for a defective ignition switch, saying cars from the model years 2008-2011 may have gotten the part as a replacement.
The latest move brings the total number of cars affected to 2.6 million. The questionable handling of the problem, including GM's admission that it knew the switches were possibly defective as early as 2001, has embarrassed the nation's largest automaker. The recalls — which are under investigation by Congress and federal regulators — have overshadowed the improved quality of GM's newer cars.
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Improved quality? You mean like the Volt which catches on fire? The Cruze whose steering wheel comes off? If this were a free market capitalist economy, Larry, GM would have been allowed to fail instead of being allowed to keep on selling this garbage to the American people.
GM should have gone through bankruptcy instead of being bailed out. It might have been reorganized as a result, but not as a worthless union shop. Otherwise its assets would have been acquired by the highest bidders who know how to build cars. Unfortunately GM's still here making crummy cars with shitty parts, some of which could kill more people, all thanks to the taxpayers, some of whom are still dumb enough to keep buying the things. Just Google the forums and read the horror stories. I'll bet they're the same ones who don't know Monday is the deadline to sign up for ObamaCare.
I've said it before and I'll say it again: no more GM cars for me, ever. The bailout was a bridge too far.
Ditto Chrysler.
