GM's turn in the barrel

I wish Ram would have put a cheat device on my truck. I'd delete it myself if I didn't have to test it every other year.

"The complaint underscores questions about the credibility of diesel technology"

had to laugh at that one.. perhaps we should examine the credibility of the paid for EPA and their protectionist standards ?

TexasChaps wrote:
"The complaint underscores questions about the credibility of diesel technology"

had to laugh at that one.. perhaps we should examine the credibility of the paid for EPA and their protectionist standards ?

It makes me think about unreasonable mandates. Who might have more experience with physics, the engineers or the career politicians and eviro wackos? They didn't do any of this just to be evil and criminal. They may be up against unreasonable demands that would remove the products from our use. There is an agenda and it doesn't include us doing what we are doing.

I have to wonder how much pollution is estimated to come from vehicles, as opposed to chemical companies, power companies, manufacturing, etc. Seems its easier to put strict regulations on vehicles, which may or may not be the primary cause of pollution, and ease up on commercial enterprises.

We have gotten to a point where the air is substantially cleaner, and that is something for which we should all be grateful... but to make the regulations more and more draconian doesn't seem like the right way to do it.

It will get interesting, the Government went out of its way a few years ago to declare preferred stockholders shares worthless and then largely gave the company to the unions, is the same Government now going to slam the unions for what they have done with their free booty?

So 700 and some odd thousand owners of these trucks are concerned about the emissions levels of these trucks to the point that they're filing a suit against the manufacturer? If they're so concerned about the environment why aren't they driving Prius's instead of 3/4 ton and larger pick-up trucks?

STEVEO496 wrote:
So 700 and some odd thousand owners of these trucks are concerned about the emissions levels of these trucks to the point that they're filing a suit against the manufacturer? If they're so concerned about the environment why aren't they driving Prius's instead of 3/4 ton and larger pick-up trucks?

This kind of reminds me of the "sue-and-settle" tactic that the EPA and enviro groups got caught using a few years back which taxpayers ended up footing the bill for.

EPA's Secret And Costly 'Sue And Settle' Collusion With Environmental Organizations

kerrlakeroo wrote:
It will get interesting, the Government went out of its way a few years ago to declare preferred stockholders shares worthless ...

Very few people understand exactly what happened and the impact that had on the investing community ! It was certainly a "dark day" !

Some people are right back in there saying, "they can't declare bankruptcy again very soon !"


The courts have ruled that GN can not dodge the ignition switch problem lawsuits by saying, "that was the old GM !" I read a detailed report on that whole mess. Total large corporation mass confusion, with everyone blame someone else or just ignoring the data staring them in the face.

What amazed me on the VW scandal and this possible issue, is that these companies have not learned for past times when automakers got "caught with their hand in the cookie jar !"

This is not the gov like VW and FCA ,its a law firm with a history of filling class actions and then looking for 'injured' parties.