Tag: ignition switch

So GM has killed dozens of innocent people. At least Obama saved thousands of union jobs with your tax dollars so they can kill more innocent people with their millions of defective products. GM has recalled more cars in the last three months than they’ve sold in the last five years. Sounds like a recipe for success. Cramer says it’s a buy. Who in their right mind would ever buy a GM vehicle? Oh yeah, the millions of subprime deadbeats getting seven year, $35,000, 0% down loans from All y Financial. 

GM recalls another 7.6 million cars

SAN FRANCISCO (MarketWatch) — General Motors Co. (NYSE:GM) issued six new recalls Monday covering nearly 7.6 million cars sold in the United States between 1997 and 2014, according to reports. The problem once again is linked to faulty switches that allow the ignition key to inadvertently rotate. GM reportedly said the problem could be linked to three fatal crashes in older full-size sedans. GM said it will take a $1.2 billion charge to cover the cost of the recalls, up from a previously disclosed charge of $700 million. GM shares are currently halted. They traded at $36.84, up 0.6%, prior to the halt.