To the Point
General Motors is Still in the Hotseat, but Sales are Soaring
On this rebroadcast of To The Point: General Motors risked its reputation by instituting a record number of recalls after news of deaths and injuries due to faulty ignition switches. The company has admitted it failed for years to address safety problems. So why are sales back to where they were before the recession?
On this rebroadcast of To The Point: For years, General Motors ignored defects in ignition systems until deaths and injuries forced the issue of auto safety into the open. Since then, there’s been a record number of highly publicized recalls by GM and other companies, too. But sales of new cars have gone through the roof. So, where’s the backlash? Where does that consumer confidence come from? Are new cars that much safer than old ones? When the average car in America is 11 years old—how many dangerous vehicles are still on the road?
Also, income inequality at elite universities; and fortune, truth and faith in the new China.
Banner Image: General Motors automobile mural; credit: Toban Black
In this episode
3 storiesWhere Are the Poor Students at Elite Universities?
For 30 years or more, America’s elite colleges and universities have promised to open their doors to more high-school seniors from low-income families. There are large numbers of poor kids with grades and test scores high enough for admission, but those elite institutions are still bastions of privilege.
Read the story8 minWhy is America's Auto Industry Back Despite Millions of Recalls?
General Motors has begun the process of compensating victims of faulty ignition systems that led to an avalanche of auto recalls. But, despite reports of deaths and injuries—and publicity over the recalls--GM is still America’s number one automaker and sales are at pre-recession levels.
Read the story34 minChina’s “Age of Ambition” with Evan Osnos
In the past 25 years, Evan Osnos says China has transformed itself at “one hundred times the scale and ten times the speed of the first Industrial Revolution.” What has that been like for the people who live there? How have they had to change their behavior—and their thinking? How has the Communist Party survived and retained power?
Read the story9 min