Hirschi Steele & Baer, PLLC - 136 E. South Temple, Suite 1650, Salt Lake City, UT 84111

GM Recall Debacle Continues – Profits Down 85%

Over the past month auto maker General Motors has been on the hot seat as a result of its having failed to recall several million vehicles which were manufactured with a significant defect.  The fallout from the scandal has not only caused General Motors’ CEO to have to appear before a Congressional hearing, it has also affected the company’s profits.

General Motors CEO Mary Barra was recently called to task at a Congressional hearing as a result of her company’s failure to recall defective vehicles for over a decade.  The defect, which caused certain cars to spontaneously turn off while the driver was behind the wheel, resulted in least a dozen deaths.  General Motors had been notified of the defect in the early 2000s, but failed to notify the public of the problem, and failed to take corrective action.  As a result of recent public disclosure of the scandal, General Motors has been forced to recall millions of affected vehicles. Additionally, the company’s most recent profits dropped by 85% as a result of the debacle.

If you or someone you know have been injured in an accident involving a defective automobile, please contact us at  immediately (801) 990-0500  or contact us online today for a free consultation.