Barclays: GM Recall Parade To Last Into Mid-Summer

Automotive News reports General Motors’ recall parade could, according to Barclays Capital analyst Brian Johnson, last well into the middle of the summer season. The data mining conducted by the automaker’s team of 60 safety investigators on 10 sources reporting potential problems — including consumer complaints and reports from its dealership network — will likely bring more recall requests before GM’s senior executives. Johnson adds that the investigators are working on likely defects on a per-issue basis instead of per-vehicle, which may mean a number of vehicles will be called back multiple times as the recall parade marches on; he also notes that its hard to discern if recalls of past vehicles have already peaked.

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  • Spectator Wild to me the US sent like $100B overseas for other peoples wars while we clammer over .1% of that money being used to promote EVs in our country.
  • Spectator got a pic of that 27 inch screen? That sounds massive!
  • MaintenanceCosts "And with ANY car, always budget for maintenance."The question is whether you have to budget a thousand bucks (or euro) a year, or a quarter of your income.
  • FreedMike The NASCAR race was a dandy. That finish…
  • EBFlex It’s ironic that the typical low IQ big government simps are all over this yet we’re completely silent when oil companies took massive losses during Covid. Funny how that’s fine but profits aren’t. These people have no idea how business works.