Normal Motors' CEO Mary Barra testifies throughout a Home Vitality and Commerce Committee listening to on Capitol Hill, on April 1, 2014 in Washing
Normal Motors’ CEO Mary Barra testifies throughout a Home Vitality and Commerce Committee listening to on Capitol Hill, on April 1, 2014 in Washington.
Getty Photographs
DETROIT — Mary Barra turned one among America’s best-known executives when she took the helm as the primary feminine CEO of General Motors in 2014. However the recognition shortly turned to criticism over the automaker’s lethal ignition swap recall scandal.
Lower than three months after changing into the auto trade’s strongest girl, Barra turned the face of the disaster as she testified before Congress about faulty ignition switches in hundreds of thousands of autos. The defective components would ultimately be discovered to have been liable for 124 deaths and 275 accidents.
GM spent billions in recall prices and settlements to victims and their households, together with a $900 million fine as a part of an settlement with the Justice Division after the Detroit automaker was charged with concealing info from authorities officers and wire fraud.
GM’s ignition swap scandal is one among many examples of how the worldwide auto trade was held underneath a regulatory microscope within the 2010s for incidents its critics say failed the general public in addition to shareholders. Executives from Toyota, Volkswagen and Japanese auto provider Takata had been among the many auto trade leaders to be known as to Washington to reply for alleged corruption,…