GM CEO Barra Doesn’t Know Why Ignition Switch Recalls Took So Long

HFA Padded
Published on
Updated on

General Motors Company (NYSE:GM) CEO Mary Barra will testify in front of the House Committee on Energy and Commerce Subcommittee on Oversight and Investigations today and tomorrow to answer one question: why did it take so long for dangerous ignition switches to be recalled? According to the written testimony that she made available yesterday, she frankly doesn’t know. “More than a decade ago, GM embarked on a small car program. Sitting here today, I cannot tell you why it took years for a safety defect to be announced in that program, but I can tell you that we will find…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!