You may recall complaints about GM, and the wisdom of the government bailouts in light of the revelations that company engineers covered up a potentially fatal defect in millions of cars, here and here and here and here and here. And lots of other places.
GM’s throwing another massive recall on the pile:
General Motors on Monday recalled more than 3 million U.S. cars for faulty ignitions. The cars range in model years from 2000 to 2014.
From January 1 to May 28, GM issued recall notices for 13.79 million vehicles. For perspective, GM sold 2.6 million vehicles in 2012.
Zero Hedge calculates the total number of recalls in 2014 at 19 million. The AP calculates 17.7 million.
The recall includes models that were among the top sellers under the “Cash for Clunkers” program. President Obama, speaking at a GM plant in Lordstown, Ohio, September 15, 2009:
“That program was good for automakers, consumers, and our environment,” Obama said of the Cash for Clunkers programs, “and the Chevy Cobalt that you build here was one of GM’s most sought-after cars under that program. Dealers across the country started running out of it and needed you to build more.”
Like this most recent batch of recalled cars, all Chevy Cobalts from 2005 to 2010 are being recalled because of fears the
ignition switch may move out of the “run” position, resulting in a partial loss of electrical power and turning off the engine. This risk increases if your key ring is carrying added weight . . . or your vehicle experiences rough road conditions or other jarring or impact related events. If the ignition switch is not in the run position, the air bags may not deploy if the vehicle is involved in a crash, increasing the risk of injury or fatality.
ABOVE: President Obama, boasting about the popularity of the Chevy
Cobalt under the “Cash for Clunkers” program, September 15, 2009.