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CSPAN2 Key Capitol Hill Hearings June 19, 2014 - Vimarsana News

CSPAN2 Key Capitol Hill Hearings June 19, 2014

Thats what were focused on. And so again you want to make sure everybody is fully and fairly compensateded. Thats correct. So why are your lawyers still trying to seek protection in the Bankruptcy Court . We are not going to revisit those decisions. I think what were doing is going above and beyond with this Compensation Program to get to the people. Mistakas a unique series of. Ask your bankruptcy lawyers to defend them and get the shield from the Bankruptcy Court in the course and not have to deal with these cases that come up and to only let the the only solution being mr. Feinberg . Mr. Fe...

CSPAN3 Politics Public Policy Today June 19, 2014 - Vimarsana News

CSPAN3 Politics Public Policy Today June 19, 2014

Had they were looking at something that it meant nothing to them as we were able to locate and find. It was not they were totally unaware of the issues concerning the switch not deploying any aspect of it. One individual who did know all of the facts and had that information was mr. Degiorgio. The other engineers who were on the email train it meant nothing to them. So, theres an email im holding it here. On your report. It discusses implementation of the new page 102 and the footnote. I believe thats right the quote is increased torque forces to be within specifications and it was sent to fiv...

CSPAN2 Key Capitol Hill Hearings June 19, 2014 - Vimarsana News

CSPAN2 Key Capitol Hill Hearings June 19, 2014

You mr. Valukas and your team have compiled a report about serious internal shortcomin kuc that General Motors has contributed to the companys failure to report a safety defect in the chevrolet cobalt. I know that mrs. Barra serves with grave concern about the report finding, and i look to her and the gm leadership for establishing more responsible and communicated clufs in gm. We all recognize your report is not an end to the investigation. It does include a number of comments on recommendations which i feel gm should commit to implementing in full. My questions to mrs. Barra today will requi...

CSPAN3 Key Capitol Hill Hearings June 20, 2014 - Vimarsana News

CSPAN3 Key Capitol Hill Hearings June 20, 2014

Who, again, face a very important condition as to whether i dont know what the risk of whether nhtsa has assessed the risk, with regard to power steering, whether thats significant or not. But a lot of consumers out there, im sure, are wondering whether they should be driving or not. Again, i would encourage them to call the Customer Engagement center and we can talk about the situation. Okay. I yield to the ranking member. I just wanted to ask you, a question, miss barra, since theres a little time here. So you had testified that out of the roughly 2. 6 million of these dollars were recalled,...

CSPAN3 Politics Public Policy Today June 19, 2014 - Vimarsana News

CSPAN3 Politics Public Policy Today June 19, 2014

Breakdowns and fundamental misunderstandings that permitted gm engineers not to suspect a safety problem when cobalts were stalling due to a faulty switch. The possibility these problems are pervasive and cultural deeply concerns me. Concerns us all. We learn machine that gm has announced yet another recall. 39th since january. This one is hauntingly similar to the cobalt ignition switch recall. The ignition switch in certain buicks, chevys and cadillacs moves out to the run position moves out of the run position if the key has too much weight on it causing the car to lose power and stall. The...