Gm Recall Over Faulty Ignition Switches - Topic

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Apr 4 2014 03:51pm

Quote (Santara @ Apr 4 2014 01:25pm)

"How little it costs" is only relevant on a per piece basis. Saving $3 (true number unknown to me) per part due to tooling considerations doesn't seem like much until you factor in that the part is used in millions of cars, and suddenly $3 is really tens of millions. The service part for the ignition switch for the affected (recalled) cars covers 2005-2010 Cobalts, Solstices, G5s, Ions, HHRs and a few others. Tens of millions of dollars is NOT a small consideration. The recall doesn't even carry into model years past 2007, FYI.

it was 57 cents per car from what i'm reading here, across 2.6 mill you're looking at about $1.5 million

Santara

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#22

Apr 4 2014 04:30pm

Quote (duffman316 @ Apr 4 2014 04:51pm)

it was 57 cents per car from what i'm reading here, across 2.6 mill you're looking at about $1.5 million

Upon some of my own digging based on your comments, there might be a coverup afoot. http://money.cnn.com/2014/04/02/news/companies/gm-recall-part/index.html

Quote

The faulty part was redesigned in 2006, but the part number was never changed. Typically, any time a car part is redesigned, the manufacturer changes the part number.

Not changing the part number in these circumstances is pretty much unheard of. I'm looking at my parts catalog as we speak and noting the same service part number for both recalled, and non-recalled vehicles.

Hoos

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#23

Apr 5 2014 12:11am

i guess we should spend billions to bail them out again, eh osama?

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