Recalls At General Motors And Outlook For The U.S. Auto Industry
Over the last month, General Motors announced the recall of more than three million vehicles, many of these for faulty ignition switches. At least 12 deaths and 31 crashes have been linked to the defective parts, which disable brakes and prevent air bags from inflating. And this morning, word that Toyota has agreed to what could be a record settlement with the justice department over delays in reporting sudden acceleration in its vehicles in two thousand-nine and ten. As with General Motors, there were allegations that executives ignored or covered up the problems. The government investigated and threatened criminal proceedings. Guest host Frank Sesno and a pane discuss accountability, consumer safety, and the outlook for the U.S. auto industry.
Washington bureau chief, The Detroit News.
currently Reynolds visiting professor of business journalism, Arizona State University; contributor to Forbes.com and TIME magazine; former Detroit bureau chief for The New York Times; author of "The End of Detroit."
director, Highway Traffic Safety Associates; former senior enforcement attorney, National Highway Traffic Safety Administration (NHTSA), U.S. Department of Transportation.
director, Lutz Communications; former vice chairman of General Motors; author of "Icons and Idiots: Straight Talk on Leadership."