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GM's CEO Apologizes in House, Expected to do the Same in Senate

 
GM's CEO Apologizes in House, Expected to do the Same in Senate
Posted April 2nd, 2014 @ 3:58am by Michigan Radio Network

General Motors CEO Mary Barra is apologizing for GM's safety problems.

Faulty ignition switches are blamed for more than a dozen deaths in the U.S. and Canada over more than a decade. In a House committee hearing on Capitol Hill Tuesday, Bara said GM will "do the right thing.

" Bara, who took the helm of GM in January, vowed to find out why it took the company so long to deal with the problem which has prompted a massive recall.

GM has recalled 2.6 million small cars because their ignition switches can fall out of the run position, causing car engines to stall and air bags to fail.

Thirteen deaths are blamed on the problem.

General Motors has hired high-profile attorney Kenneth Feinberg as a consultant as the automaker evaluates how it will respond to families of accident victims affected by defective ignition switches, a problem linked to 13 deaths and dozens of accidents. Fienberg is best known for overseeing the Sept.

11 Victim Compensation Fund as well as funds for victims of the Boston Marathon bombing and the BP oil spill. Bara announced the hiring yesterday saying Feinberg will bring his extensive experience with compensation to the company.

However, Bara would not say whether the automaker will offer compensation to the families of victims or car owners.

Feinberg says his mandate from the company is to consider the options for dealing with issues surrounding the ignition switch matter, and to do so in an independent, balanced and objective manner based upon his prior experience.

Gm has recalled 2.6 million vehicles due to the ignition switch problem.

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