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GM’s Tab for Takata May be $870 Million

Company doesn't believe it will have to make Takata-related repairs.

by on Jul.22, 2016

General Motors faces an $870 million liability related to Takata airbags in 6.8 million vehicles.

General Motors Co. faces potential liabilities of $870 million if it has to replace 6.8 million Takata airbags in cars, full-size trucks and sport-utility vehicles, according to documents filed by the company with the U.S. Securities and Exchange Commission.

The company doesn’t believe there is a safety defect at this time in any of its vehicles related to the airbags it has filed reports with the National Highway Traffic Safety Administration, covering 2.5 million full-size pick-up trucks and sport utility vehicles.

News Now!

“As a result of discussions with NHTSA and as described in the Preliminary DIR, GM will have an opportunity to prove to NHTSA that the inflators in these vehicles do not pose an unreasonable risk to safety,” the company noted in the filing. (more…)

GM Phasing Out Vehicles Without Airbags

All models worldwide will offer airbags, other safety features by 2019.

by on Apr.15, 2016

The Chinese-made export version of the Chevrolet Sail got zero stars in Latin American crash test.

After flunking a widely reported crash test in Latin America, General Motors will reverse course and add not only airbags but a variety of other safety features in all vehicles it sells worldwide.

The move could prompt other mainstream manufacturers to follow suit, despite the added cost, as government regulators and safety advocates around the world press to lower a global highway death total estimated at 1.25 million last year.

The Last Word!

GM says it now plans to spend about $5 billion to bring its worldwide fleet up to higher safety standards, a move that will target emerging markets such as Africa, Latin America and smaller Asian countries like Vietnam and Indonesia. Chinese regulators have already been ramping up safety requirements in recent years.

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GM Introduces World’s First Front-Center Airbag

New system should reduce side-impact crash deaths, injuries.

by on Sep.29, 2011

Crash dummies demonstrte General Motors' new front-center air bag during a side impact collision .

General Motors will introduce the world’s first front-center airbag, a technology the maker claims can help reduce injuries and fatalities in side-impact crashes.

There was a time when manufacturers played a numbers game with cupholders, but these days, it seems, they’re focused on a more significant bit of math: how many airbags they can squeeze into a vehicle.

While this may be a bit of one-upsmanship, it clearly does deliver benefits that go beyond the ability to have two cups of coffee readily at hand at any moment.  A new study by the Insurance Institute for Highway Safety, for example, lists the expanded use of airbags as one of the reasons why the number of deaths in crashes involving a car and a SUV have dropped by as much as two-thirds over the last decade.  (For more on that story, Click Here.)

“The front center airbag has real potential to save lives in side crashes,” said Adrian Lund, president of the insurance Institute for Highway Safety, during a joint news conference with General Motors.

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