GM’s Long Journey With a Defect; What Would the Overall Numbers Say?
GM’s long journey continues. This week it obtained arguably favorable outcomes with settlements with the government, shareholders and some others. But, many ignition switch claims remain open, as highlighted by a September 17, 2015 article in Carrier Management.
It would be interesting to see someone compute the total expense to GM from the ignition switch situation. It would be even more interesting to see that set of numbers compared to whatever set of numbers someone might offer as offsetting “gains or savings” achieved by not timely and forthrightly addressing the problem.