Breakdowns and fundamental misunderstandings that permitted gm engineers not to suspect a safety problem when cobalts were stalling due to a faulty switch. The possibility these problems are pervasive and cultural deeply concerns me. Concerns us all. We learn machine that gm has announced yet another recall. 39th since january. This one is hauntingly similar to the cobalt ignition switch recall. The ignition switch in certain buicks, chevys and cadillacs moves out to the run position moves out of the run position if the key has too much weight on it causing the car to lose power and stall. The model years goes back to the year 2000. Your report tells us about the engineering and legal findings of gm but what it doesnt divulge is weather gm attorneys made conscious decisions during discovery and prevented the truth from coming out sooner and potentially saving lives. That kind of malfeasance should be the crux of a coverup. I want to delve deeper into that issue n find out if that occur
It was about a mile and a half away. G. M. s ceo getting mobbed and i mean literally mobbed by reporters last night. ,he had just finished speaking and whenever she stepped in front of a microphone these days, questions fly regarding g. M. s recent recall of those that ignition switches linked to 13 debts. In the last five years, weve made many important and meaningful steps at gm to change the companys culture. Our focus is no longer on survival. We are even more focused on quality, safety, and doing what is right for the customer then i can say at any time during my 33 years with General Motors. I hope you can say that my recent actions show that general committed to upholding our values not only in the good times but the times when the world is watching. Everybody is working 20 47 to make sure we are doing the right thing. In fairness, it was not all about inflection flexion and spend. Mary barra did have some positive news to report. I would like to announce the creation of a new g
Woman and will be gms first female ceo ever. I like the fact that she did a lot of what al mulally did, shes rationalizing production, thats important when you have gm, a lot of brands, make a lot of different cars. One of the thing great about the Great American manufacturing companies, they rapidly realized you have to make the same thing in europe, same thing in asia, same thing in the United States, nobodys that good to have that many fractured brands. She was the one quoted as saying gm, no more crappy cars. Thats a good mantra. Right. Certainly ackermans tenure has been a successful one. Yeah. When she takes over, not clear at this point. At least i havent heard it in the various news reports. I dont know if its immediate or is it timed to coincide with the governments announcement yesterday . I imagine so. This is the beginning of what could be a big dividend cycle. Gm has done so many right things. They have such momentum around the globe, in china, in the United States, europe
Washington and back. In just about 40 hours. And after their exhausting travel, the president and first lady are returning to the white house in turmoil. The president facing more plunging Approval Ratings. As the president honored mandela, the white house announced the administration has turned to the clinton era for help. Former clinton chief of staff john podesta returns to the white house to serve as what the Obama Administration calls a counselor to the president after a series of scandals, misrepresentations, misstatements, and contradictions over a number of events and issues in the overall failure of the obamacare rollout. Major issues that now threaten the president s agenda, his legacy, and his partys prospects and next years elections. White House Press Secretary jay carney said of the move, the president is looking forward to his council on many issues, including the implementation of the Affordable Care act, a Climate Action plan, and executive actions. And podesta had his