GM Chief Mary Barra Says More Recalls Possible

By RTT News, 

( - General Motors Co. ( GM ) Chief Executive Mary Barra, in an interview to NBC's Today show on Thursday, said that more recalls are possible, as safety recalls continue to plague the auto giant which has recalled more than 20 million cars this year.

"We are going to continue to look at the data we get and we are going to take the action that we need. If we find an issue, we're going to deal with it." Barra said in a live interview given at GM's Detriot headquarters.

When asked if GM would issue more recalls, Barra said, "It's possible." GM has announced 44 recalls in the US so far this year covering about 18 million vehicles. Barra's interview comes a day after GM issued its latest recall of about 30,000 2013-2014 Chevrolet Cruze sedans because of defective air bags.

Barra, who was appointed CEO in December 2013, also reaffirmed that she has fired everyone believed to have played a role in the late recall of vehicles with defective ignition switches and does not plan to dismiss anyone else. Barra had earlier dismissed 15 employees and took disciplinary action against 5 other employees.

GM has been blamed for waiting more than a decade to recall cars it knew had a faulty ignition switch that is believed to have caused at least 13 deaths and more than 50 crashes. The delayed recall was for about 2.6 million Chevrolet Cobalts, Saturn Ions and other models. GM is currently facing dozens of lawsuits and investigations related to the late recall.

When asked whether any GM employee acted in a criminal way related to the faulty ignition switch issue, Barra said "Clearly this issue took too long to find it. In this case, we failed our customers. We failed them with these vehicles. Again, the criminal aspect, that is for the courts to decide. I have taken action and the people who I don't think should be a part of the company aren't here any more."

GM is currently trading at $36.73, down $0.36 or 0.97%, on the NYSE.

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Referenced Stocks: GM

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