2001: Faulty ignition switch identified in Saturn Ion tests

February 2002: GM gives Delphi permission to use a different part in the ignition switch, even though tests revealed the parts did not meet GM specifications

May 1, 2003 – March 29, 2009: G. Richard “Rick” Wagoner Jr., CEO

May 9, 2004: Karen (34) and Hanna (4) King die when flood waters sweep King’s stalled 2003 Saturn Ion off the road into a creek

2005: GM declined to change the ignition switch because the new part would cost $.90 per car with additional costs of $400,000.

August 23, 2004: National Highway Safety Transportation Administration issues DI05-063 King relating to the King accident.

December 2005: GM issues 2005 Ignition Switch TSB about ignition switch issue.

March 30, 2009 – December 1, 2009: Frederick A. “Fritz” Henderson, CEO

2009: Bankruptcy and Government Bailout

December 1, 2009 – September 1, 2010: Edward (“Ed”) Whitacre, Jr., CEO

September 1, 2010 – January 15, 2014: Dan Akerson, CEO

January 15, 2014 – present: Mary Barra, CEO

April 2015: General Motors announced that 70% of recalled vehicles have been repaired.

April 2015: U.S. Bankruptcy Court rules that General Motors cannot be sued for parts or vehicles manufactured by the old GM (prior to 2009).


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