Click to Enlarge.
The biggest recall* in US history just got bigger as NHTSA has ordered GM to replace Takata airbag inflators used in its full-size trucks and SUVs. In dispute were millions GM vehicles. In the U.S., there are now ~5.8 million vehicles involved in this recall. Globally, the number is about 7 million. (GMT900 full-size pickup and SUV platform used for the 2007 to 2014 model years.***)
GM said in a statement that “although we believe a recall of these vehicles is not warranted based on the factual and scientific record, NHTSA has directed that we replace the airbag inflators in the vehicles in question. Based on data generated through independent scientific evaluation conducted over several years, we disagree with NHTSA’s position. However, we will abide by NHTSA’s decision and begin taking the necessary steps.”
Continue reading
Trump Covid Casualties – State Sales Tax Collections Dive
Click to Enlarge.
The latest data from the US Census Bureau show that most states are losing tax revenue as the economy continues to show signs of a prolonged recession if not depression. This is April data, so it’s just the beginning of the lock-down. Since most states must balance their budgets by law this presents a giant problem for President elect Biden who is inheriting a giant problem and deficit from the Covid-19 denying and welfare for the rich policies of the defeated, vindictive president. Continue reading →