CNBC Originals Season 2 Episode 38 Failure to Recall: Investigating GM
- TV-PG
- May 18, 2014
- 42 min
Failure to Recall: Investigating GM is the 38th episode in season 2 of the CNBC Originals series. The episode explores the controversy surrounding General Motors' (GM) delayed recall of millions of vehicles with faulty ignition switches, which resulted in numerous deaths and injuries.
The episode begins by outlining the timeline of events leading up to the recall, including how the company ignored early warnings about potential safety issues and attempted to cover up the problems. It then delves into the impact the recall had on affected families, many of whom lost loved ones due to the faulty switches.
The episode also examines the role of the National Highway Traffic Safety Administration (NHTSA) in investigating the issue and holding GM accountable. It explores the criticisms leveled against the agency for its slow response to the problem and failure to take action sooner.
Throughout the episode, viewers hear from a range of experts, including safety advocates, lawyers, and industry insiders, who provide insights into the complex issues at play. They discuss the legal and ethical responsibilities of corporations like GM when it comes to ensuring the safety of their products, as well as the challenges faced by regulators in monitoring and enforcing safety standards.
Finally, the episode looks at the aftermath of the recall and the steps GM has taken to address the issue and prevent similar incidents from occurring in the future. It also raises larger questions about the role of corporations in society and the need for stronger regulation and oversight to prevent future tragedies.
Overall, Failure to Recall: Investigating GM is a compelling and thought-provoking exploration of a major corporate scandal and its wider implications for consumer safety and regulation. It sheds light on the complex and often fraught relationship between industry and government, and raises important questions about accountability and responsibility in the modern world.