GM financial woes have begun

You know what, with this Ignition Switch BS, they really do deserve to go out of business

Nothing has changed at GM, nothing, it is the same mentality that build POC in the 70's and 80's that turned an entire generation off on their cars

I agree Nutz, if the ignition switch hadn't malfunctioned then there would have been no accident.

BillyW,

Nice misleading parsing of the article you quoted from! Why didn't you include the statement made by the police that she (Melton) was traveling to fast for the road conditions? It's was a rainy night as was said/printed in the article also. Doesn't take anyone with even half a brain to know that's why she lost control because when the ignition cuts OFF, the vehicle instantly loses drive power to the drive wheel/wheels and naturally slows down!

Quote:

"Although Cooper said Melton was observing the speed limit, police said she was "traveling too fast for the roadway conditions." AND "In Melton's crash, she was driving on a rainy night in Paulding County, Ga." AND "People in the car that hit her were injured and sued Melton's estate."

The whole truth with all the printed facts sure alters your parsed cherrypicked version of the omitted facts, doesn't it???

If she wasn't driving too fast for the rainy conditions, would she have even lost control???

It seems like a pretty civilized conversation to me..

The only thing really interesting about this thread is that the Mods have let this cat fight go on for three pages.

bigdogger wrote:

Cobra21 wrote:
All vehicle manufacturers get hung with something sooner or later.
I don't know how a vehicle maker can plan for some people to hang
5 lbs. of stuff from a key chain, or maybe tow a 5,000 lb. trailer
with an Aveo or Corolla? It is very hard to plan on what people
do with their stuff.

Brian

Yes, all manufacturers have had problems. This is different in that it appears GM knew of the problem and covered it up. Again, this is not unusual. But to stack problems onto problems, the cover-up apparently continued through the bankruptcy filing which effectively prohibited people who suffered injuries and losses from the ignition failure from filing a claim against GM if those losses and injuries occurred before the bankruptcy filing. If you got injured before, you are SOL, had a wreck after GM emerged from bankruptcy, you have standing to file a claim. If GM management actively hid known liabilities (potential claims by injured parties) to effectively leave more assets to satisfy other creditors and allow themselves to emerge from bankruptcy as a more viable entity, that is fraud. When you figure the amount of the potential claims, it runs into the millions of dollars, so that fraud is a big fraud, the kind of fraud that earns the participants free government housing for the next few decades. And it is the kind of fraud that might just make the current GM liable for those hidden liabilities and that will effect the bottom line.

And Yes, I totally agree with everything added to my post. I think GM
does need to be held accountable for this mess. And... all 3 of our
vehicles are GM.

Brian

kaydeejay wrote:
BUT the main issue here is that the ignition switch did not CAUSE the accidents that are hitting the headlines - that was already in progress when the key got turned off by a heavy key chain swinging violently after the vehicle has already left the road.
That resulted in no air-bag deployment which I agree is not a good thing, but with no seat belt, the air bag is no guarantee of survivability.
As for "stooping to my level", I believe I have stated facts, not opinions. Do you have facts to contradict what I have said?
It's too bad that GM is so publicity shy that they won't make the same statements, but have chosen to pay up and ride it out.
(And before you jump on it, they are NOT hiding behind the bankruptcy for the injury cases, they HAVE asked for clarification of the bankruptcy protection against all the claims that owner's cars have lost value as a result of this situation.)

travelnutz wrote:
kaydeejay,

You have always stated the actual facts however the uneducated on this forum wouldn't recognize the facts if it were printed on the inside of their glasses or hit them on the head if they don't wear glasses. Hence they are known as the flunky blind cheerleading pom pom boys just flapping their lips and fingers as if they were uncontrollable wild nervous twitches!

Hmmm.. This report obviously disagrees with both your views.

From the article:

...The stall also would cut off the driver's power steering and brakes, as well as safety systems such as airbags and anti-lock brakes...

...Melton had taken her car into the dealer for ignition switch problems and just picked it up the day before her fatal crash...

...When the ignition failed, she lost control, skidded and was hit on the passenger side by another car...

kaydeejay wrote:
OK point taken, BUT the main issue here is that the ignition switch did not CAUSE the accidents that are hitting the headlines - that was already in progress when the key got turned off by a heavy key chain swinging violently after the vehicle has already left the road.

The general public never lets FACTS get in the way of a good chance to bash someone/something. Kinda like the Toyota "unintended acceleration" story. All kinds of news stories blaming Toyota... not too many of them issued a full retraction (and none of the retractions had the fervor of the initial story) when it was PROVEN that there was NOTHING WRONG WITH THE CARS to cause the collisions. The problems were either improperly placed floor mats obstructing the brake or driver error (smashing on the accelerator, thinking it was the brake).

kaydeejay,

You have always stated the actual facts however the uneducated on this forum wouldn't recognize the facts if it were printed on the inside of their glasses or hit them on the head if they don't wear glasses. Hence they are known as the flunky blind cheerleading pom pom boys just flapping their lips and fingers as if they were uncontrollable wild nervous twitches!