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Compact case
Case
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Reference no. IMD-7-1740
Published by: International Institute for Management Development (IMD)
Originally published in: 2015
Version: 12.11.2015
Length: 4 pages
Data source: Published sources

Abstract

More than a year had passed since Anton Valukas of the law firm Jenner & Block had published his report on the General Motors ignition switch scandal. While Mary Barra, GM's CEO, had moved quickly to deal with its findings, the federal prosecution was still hanging over the company. As well as a potentially huge fine, GM faced the possibility it and its employees would have to plead guilty to criminal offences. The company had been charged with scheming to conceal a deadly safety defect from its US regulator as well as wire fraud. The findings from the investigation by federal prosecutors would be announced and it was impossible to say what the result would be for GM.
Size:
USD155 billion in revenues in 2012, 219,000 employees in 2013
Other setting(s):
2015

About

Abstract

More than a year had passed since Anton Valukas of the law firm Jenner & Block had published his report on the General Motors ignition switch scandal. While Mary Barra, GM's CEO, had moved quickly to deal with its findings, the federal prosecution was still hanging over the company. As well as a potentially huge fine, GM faced the possibility it and its employees would have to plead guilty to criminal offences. The company had been charged with scheming to conceal a deadly safety defect from its US regulator as well as wire fraud. The findings from the investigation by federal prosecutors would be announced and it was impossible to say what the result would be for GM.

Settings

Size:
USD155 billion in revenues in 2012, 219,000 employees in 2013
Other setting(s):
2015

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