Niagara Gazette — • June 2013: A deposition by a Cobalt program engineer says the company made a “business decision not to fix the problem,” raising questions of whether GM consciously decided to launch the Cobalt despite knowing of an ignition switch defect.
• End of 2013: GM determines that the faulty ignition switch is to blame for at least 31 crashes and 13 deaths.
• Jan. 15, 2014: Mary Barra becomes CEO of GM and the first woman to run a major automaker.
• Jan. 31, 2014: Barra learns of the ignition switch defect, according to GM.
• Feb. 7, 2014: GM notifies NHTSA “that it has determined that a defect, which relates to motor vehicle safety, exists in 619,122 cars.”
• Feb. 13, 2015: GM officially recalls 2005-2007 Chevrolet Cobalts and 2007 Pontiac G5s.
• Feb. 25, 2014: GM adds 748,024 more vehicles to the recall.
• March 10, 2014: GM hires two law firms to look into the recall internally. Anton Valukas, who investigated Lehman Brothers after the firm’s 2008 collapse leads the investigation.
• March 17, 2014: Barra states in a video apology that “something went very wrong” in GM’s mishandling of the crisis. She says the company expected about $300 million in expenses in the current quarter to cover the cost of repairing the vehicles.
• March 18, 2014: GM appoints a new safety chief.
• March 20, 2014: The House Energy and Commerce Committee’s Subcommittee on Oversight and Investigations schedules a hearing for April 1, titled “The GM Ignition Switch Recall: Why Did It Take So Long?”
• March 28, 2014: GM recalls an additional 824,000 vehicles stating ignition switches could be faulty.
• April 1, 2014: GM hires Kenneth Feinberg, an attorney specializing in corporate payouts, as a consultant “to explore and evaluate options” in the automaker’s response to families of the victims involved in the recall.
• April 1-2, 2014: Barra and NHTSA Acting Administrator, David Friedman testify at House and Senate hearings on the handling of the recall. Barra apologizes to family members whose loved ones have died from the defect.