General Motors starts damage control over recall

General Motors (GM -1%) will offer the 1.6M owners of the cars recalled due to an ignition switch issue a $500 cash allowance if they want to trade into a new vehicle.

The cash allowance offer expires on April 30.

All indications are that the automaker will be dealing with the backlash over its delayed disclosure of the issue for quite a while.

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Comments (4)
  • Milhouse
    , contributor
    Comments (641) | Send Message
    1.6 million sounds like a lot...I just looked up the 10 largest recalls in history, and the top one is Ford in 2009 (>14M). Funny how out of the top 10, 7 of them belong to Ford and GM. 1 VW, 1 Honda, 1 Toyota.

    12 Mar 2014, 12:20 PM Reply Like
  • tcbracing
    , contributor
    Comments (342) | Send Message
    Quality has been going up and therefore, the number of vehicles has been going down recently. Toyota and Honda have led in the total vehicles recalled the last 4 years, but the Big 3 have been up there in number of actual recalls.
    12 Mar 2014, 01:18 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3360) | Send Message
    Ford's was 5X bigger, and went on for a decade as well. (ignition switches)

    12 Mar 2014, 04:32 PM Reply Like
  • JMay2
    , contributor
    Comments (30) | Send Message
    But GM was "bailed out", so people who don't know anything hate them.


    Buy now. And wait.
    12 Mar 2014, 10:08 PM Reply Like
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