Chevrolet has rolled in to Sao Paulo this year with not one, not two, but four new concept cars. Only by concept cars, in this case we mean concept versions of existing production models.
Chevrolet Cobalt News
This has been a bad year for recalls. The US auto industry broke the record for repair campaigns months ago, and with about 25.8 million vehicles needing fixed, General Motors has gotten close to 2013's total full-year figure of 27.96-million recalled cars all on its own. You might think that used car buyers would run screaming for the hills from all these faulty models, but a recent study finds the exact opposite to be true. In fact, one of The General's vehicles actually gained value slightly,
Kenneth Feinberg, the man in charge of the General Motors compensation fund dealing with the its widespread ignition switch woes, has issued an informal, two-letter response to the plaintiffs in more than 70 lawsuits seeking redress for lost resale value of their Cobalts: "No." The cases were recently combined into one, but Feinberg told The Detroit News that the fund will deal "only with death and physical injury claims," and that "perceived diminished value" will get no consideration.
Natasha Weigel was in the backseat of a Chevrolet Cobalt that crashed in 2006, and she tragically died of her injuries. One of the front passengers was also killed in the crash. However, GM's data only lists the front occupant among those killed in connection with the faulty switches, not Weigel.
At this point anyone with even a passing knowledge of the General Motors ignition switch recall knows that the official number of deaths recognized by the automaker itself caused by the faulty part currently stands at 13 people. That figure is still under much debate, though. Reuters claims that it could be as high as 74 people, citing cases in the affected models with no airbag deployment, and the acting head of the National Highway Traffic Safety Administration thinks that it could be higher a
It's one thing for the Big 3 to get tires and engine parts from cities along the US Rust Belt. It's another thing altogether, though, for Tesla Motors to source far more esoteric materials like graphite, cobalt and lithium from Canada and the northern US. But that's what the California-based company has in mind, and it's all in the name of environmental friendliness and cost, Bloomberg News says.
When it rains, it pours. General Motors has announced yet another major recall, covering 1.3 million units in the American market over concerns that their power steering could suddenly fail. As reported by The Detroit News' David Shepardson, GM has now recalled nearly ten times as many cars as it did all of last year.
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