Recalls May Hurt GM’s Reputation, But Drivers Still Buy The Cars
It’s already run up a record number of recalls, paid an all-time-high fine and faces possible criminal charges and even bigger penalties from the U.S. Justice Department. And that doesn’t even take into account the legal claims that could push to $10 billion or more. Surprisingly, new car buyers seem to be ignoring General Motors’ recall woes. But as the maker’s problems mount, industry analysts question just how much of a hit the Detroit maker can take.
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