So, to summarize... mere months after Mary Barra took over the reins of GM from a somewhat surprising Dan Akerson exit, she is faced with record high inventories of unsold vehicles of dealer lots, a sales halt, a recall of 2.53 million vehicles (some of which have been alleged to be responsible for at least 12 deaths), potential bankruptcy fraud inquiries (from non-disclosures), and now a Congressional hearing that is rather uncomfortably titled "The GM Ignition Switch Recall: Why Did It Take So Long? [4]" The phrase "under the bus" comes to mind though we wonder just how many times the so far entirely plain-spoken Barra will 'plead da fif' today.
Any questions?
This should simplify things...
How GM determines if they do a recall pic.twitter.com/QaLi28gNRk [5]
— Stalingrad & Poorski (@Stalingrad_Poor) April 1, 2014 [6]
It's not just GM's CEO Mary Barra that is speaking. On the other side of the aisle will be NHTSA's David Friedman... grab your popcorn...
Live streaming video by Ustream [7]
Here is the full background on the hearing:
