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?
By Warren Olney • • 51m ListenOn 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
