New GM CEO testifies in front of Senate Subcommittee

New GM CEO testifies in front of Senate Subcommittee

POSTED: Wednesday, April 2, 2014 - 8:00am

UPDATED: Wednesday, April 2, 2014 - 8:04am

This morning Mary Barra testifies again before the Senate Subcommittee on Consumer Protection and Product Safety. It's likely to be another contentious hearing. Lawmakers are seeking answers that GM's new CEO says she doesn't have yet.

General Motors CEO Mary Barra faces more questions today from a senate subcommittee. " sincere apologies to everyone who has been affected," said GM CEO, Mary Barra.

But apologies weren't enough for victims' families or for lawmakers, frustrated when Barra couldn't explain why GM failed to replace faulty ignition switches when they first detected the problem almost a decade ago. "I cannot tell you why it took so long for a safety defect to be announced in that program, but I can tell you that we will find out," said Mary Barra, GM CEO.

"Why in the WORLD would a company with a stellar reputation of General Motors purchase a part that did not meet its own specifications?" asked Rep. Joe Barton, (R) Texas.

NHTSA - the government agency overseeing auto safety - says GM didn't share key information. "If we had any of those pieces of info, I truly believe it would have changed the way NHTSA approached this," said NHTSA Administrator John Friedman.

"It angers me that we had a situation that took over a decade to correct," said GM CEO Mary Barra.

"I worked there and I was in a high position but I didn't really know what was going on? I mean, that's unfathomable," said Ken Rimer, Victim's Stepfather.

Barra announced that she's hired Ken Feinberg - who helped the 9-11...Gulf Oil and Boston Marathon families - to help GM's victims.

Today, we may hear more about money:

A 57 cent part -that would've cost GM 100 million dollars to fix back in 2007. Now it's costing the company - and families - so much more.

Comments News Comments

Post new Comment