General Motors’ Ignition Failure Hearing - 829 Words

On April 1st, 2014 in Washington D.C., General Motors (GM) Chief Executive Officer Mary Barra testified in front of a panel of senators regarding the company’s late delay in addressing a defect in ignition switches, causing cars to lose power and injuring or killing the drivers. While GM has issued a recall on cars that are known to have this defective product, the problem lies in the delay of action on the part of GM, who are accused of knowing about the defect as early as 2001. One of the many problems during the hearing is the emergence GM not only knowing about the defective ignition switch, but they also switched the defective product for a working one, yet still kept the same product number. In addition, during Senator Boxer’s questioning, she revealed that GM made a decision not to fix the defective product due to GM claiming that it â€Å"was not an effective business decision† due to the high cost of fixing the problem and the length of time it would tak e. Senator Nelson also brought up the issue of how people would be able to drive cars that are known to have the defects, citing that customers deserve compensation in a quick and effective process and are not satisfied with GM’s solution of driving â€Å"with only the car key in the ignition†. Throughout the hearing, CEO Mary Barra states that the mistakes of the â€Å"old GM (pre-bankruptcy)† are not the fault of the â€Å"new GM (post-bankruptcy)†, she pledges to fix the situation, starting with the new position of Vice PresidentShow MoreRelatedGeneral Motors Company Swot Analysis1386 Words   |  6 PagesGeneral Motors Company designs, manufactures, and sells cars, trucks, and automotive parts. GM is headquartered in Detroit, Michigan and employs approximately 215,000 people globally (General Motors Company SWOT Analysis, 2016, p. 3). The organization is a multinational company with operations in North and South America, Europe, and Asia, primarily i n China. GM’s North American product lines are Buick, Cadillac, Chevrolet, and GMC. Vehicles manufactured and sold in South America and Europe includeRead MoreThe Crisis Management And Controversy Today Is General Motors1924 Words   |  8 PagesIntroduction One of the biggest companies that are facing crisis management and controversy today is General Motors (GM). In an article titled â€Å"General Motors announces 30th recall of year,† by Rebecca Cook, the company has now recalled over 13.8 million cars worldwide since January 2014. The most controversial recall occurred on April 1, when over 4 million cars were recalled due to faulty ignition switches that can cause the engine to shut off, which then prevents power steering and brakes to functionRead MoreRisk Assessment of Pneumatic Conveying Rig3478 Words   |  14 Pages...............7 2.3 Fire and Explosion Hazards in Pneumatic Rig......................................................8 2.4 Pneumatic Conveying System Hazards..................................................................9 2.5 Managing the Ignition Source..............................................................................11 2.6 Classifying Hazard Areas in Zones......................................................................12 2.7 Legislations Relevant to the Risk AssessmentRead MoreGeneral Motors : Management And Leadership3175 Words   |  13 PagesBX3174: Management and Leadership CASE STUDY GENERAL MOTORS Lecturer: Mr Gerard Byrne Study Period: Townsville SP2, 2014 Group Members: Daniele Thompson – 12712121 Phuong Quynh Dao – 12750876 â€Æ' TABLE OF CONTENT BACKGROUND 3 A. INTRODUCTION 3 B. HISTORY 3 C. CURRENT SITUATION: 3 EXISTING LEADERSHIP 5 A. FROM A PERSONAL LENS: 5 B. FROM A PURPOSE LENS: 6 C. FROM A POSITION LENS: 6 D. FROM A PROCESS LENS: 7 CHALLENGES 9 IMPACTS OF THE CHALLENGESRead More The Problem of Teen Alcoholism in the United States Essay3674 Words   |  15 Pagesway to get a hold of alcohol. People as young as fifteen are able to get their hands on an alcoholic beverage. Alcohol is said to be the chosen drug among high school and college students. Underage drinkers have a tendency to drink more then the general population. It is said that high school students spend approximately $4.2 billion annually on alcohol. This money is spent on 430 gallons of alcoholic beverages, and 4 million cans of beer. The type of school, location, the ethnic and gender makeupRead MoreManaging Risks of Hazardous Chemicals20269 Words   |  82 Pages | |ensure that, when storing flammable or combustible materials at the workplace, they are kept at the lowest practicable quantity | |if there is a possibility of fire or explosion in a hazardous area being caused by an ignition source, ensure that the ignition source| |is not introduced into the area (from outside or within the space) | |ensure that the workplace is provided with fire protection, fire fighting equipmentRead MoreCISSP Exam Notes - Physical Security4755 Words   |  20 Pagesmechanical or electronic component failure, etc. Ã… ¸ Organism, e.g. virus, bacteria, animal, insect, etc. Ã… ¸ Human, e.g. strike, war, sabotage, etc. 1.4 There are three major types of control mechanisms for physical security: Ã… ¸ Administrative controls, e.g. facility selection, facility construction and management, personnel control, evacuation procedure, system shutdown procedure, fire suppression procedure, handling procedures for other exceptions such as hardware failure, bomb threats, etc. Ã… ¸ PhysicalRead MoreHydraulic System Introduction18784 Words   |  76 Pagesbetter than an equivalent electrical system. (2) Self-resetting overload protection. (3) Self-lubricating. (4) Infinitely variable speeds. (5) No static electricity. (6) Linear motion. (7) Low speed, high torque with motors. However, there is a downside! Disadvantages: (1) Large pipework is often employed (in contrast to the relatively thin wiring used in electrical systems). (2) Units are often physically larger. (3) Large diversity of units availableRead MoreUndernutrition10134 Words   |  41 Pagesthemselves and their children. Most ironic is the self-fulfilling critique that many activists now use. Greenpeace calls golden rice a â€Å"failure,† because it â€Å"has been in development for almost 20 years and has still not made any impact on the prevalence of vitamin A deficiency.† But, as Ingo Potrykus, the scientist who developed golden rice, has  made clear, that failure is due almost entirely to relentless opposition to GM foods—often by rich, well-meaning Westerners far removed from the risks of actualRead MoreProject Managment Case Studies214937 Words   |  860 Pagesshould consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages. For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762-2974, ou tside the United States at (317) 572-3993 or fax (317) 572-4002. Wiley also publishes