What people are saying about the auto company’s $35 million penalty for delayed recall.
Rick Manning, The Hill: "The Department of Transportation is fining General Motors $35 million for waiting too long to recall 2.6 million vehicles with faulty ignition switches. ... The only thing missing in these product recalls and government fines is an acknowledgment of the company's majority shareholder when the malfeasance took place. That mystery shareholder would be ... the U.S. government. ... Given the federal tentacles that extended throughout the company ... the feds cannot shirk their ownership of both the recalls and the product liability coverup."
Nick Bunkley, Automotive News: "The fine itself — the most allowed by law — is seen as little deterrent against future violations. But U.S. Transportation Secretary Anthony Foxx made clear that he felt GM's transgressions merited far greater consequences. ... The unprecedented government oversight placed on GM for up to three years ... shows that regulators still aren't convinced the company ... has fully learned its lesson."
Ed Morrissey, Hot Air: "The timing on this is uncanny. One might even suspect that it was designed to overshadow the fact that GM just added another 2.7 million cars to its recall list for other issues. ... The resolution of the (government's) case against GM may mean less public pressure on the automaker, but they may not be the only beneficiaries of the settlement. The National Highway Traffic Safety Administration had plenty of knowledge that the GM vehicles had a significant defect. ... The (government) may be done with GM, but Congress should just be getting started with the NHTSA."
Daniel Fisher, Forbes: "The company will re-retrain employees to 'encourage discussion of safety issues' (and) 'expressly disavow statements diluting the safety message' as detailed in the now-infamous memo urging employees to avoid phrases like 'this is a lawsuit waiting to happen.' ... Urging employees to take flight with the prose in their internal memos isn't going to make GM a better company. It might make for some more spectacular jury verdicts in the future, though."
Kyle Stock, Businessweek: "If you think of GM as a scandal-tarred politician, the company would be standing in front of a wall of cameras naming all of its mistresses and back-room dealings. Basically, the automaker is trying to avoid a prolonged Anthony Weiner-style circus."