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The 57-cent part at the center of GM's recall crisis
Posted: Thu Apr 03, 2014 7:32 am
by FlyingPenguin
Evil, as our resident automotive industry expert, what do you think happened here? Do you think someone at GM purposely kept the same part number?
http://money.cnn.com/2014/04/02/news/co ... ?hpt=hp_t2
Posted: Thu Apr 03, 2014 1:44 pm
by EvilHorace
Do you think someone at GM purposely kept the same part number?
No doubt in my mind. At some point, people at GM realized the problem, said "oh s***!" and changed the part in production while keeping the same PN.
I've never seen that happen before, a new part always has a different PN.
The bad part about all of GMs new recalls is that now that we, the tax payers own GM, does that mean more loss to us again?
Posted: Thu Apr 03, 2014 3:29 pm
by FlyingPenguin
Actually the Fed no longer owns any shares of GM. The last of the stock was sold off in December. Just in time I'd say
http://www.usatoday.com/story/money/car ... e/3925515/