Today, we requested that the House Committee on Oversight & Government Reform undertake an “independent” investigation of the General Motors ignition switch recall delay, in light of newly obtained emails by lawyers suing GM.
Those emails suggest that the Treasury may have timed its final sale of GM shares to precede public knowledge of the ignition switch fiasco. They also cast doubt on GM CEO Mary Barra’s previous account of what she knew and when she knew it.
Here is the text of a letter I sent today to Rep. Jason Chaffetz (R-UT), in photo, the incoming Chairman of the Oversight & Government Reform Committee:
At a February 2010 Oversight Committee hearing on the risk from Toyota gas pedals, you asked a remarkably prescient question: “Does the government treat Toyota the same as it does all other automakers?”
Then-Secretary of Transportation Ray LaHood was unable to explain why the 2009 Toyota Corolla, which had received 84 complaints, was under NHTSA investigation, while the Chevrolet Cobalt, which you happened to own at the time, was not under investigation despite receiving more than 1,100 customer complaints.