News for July, 2008

How much is your life worth?

So how much do you think your life is worth? $100M? $20M? $420? According to a 1973 General Motors memo, the value of your life is $200,000. Evidently, GM saved over $250M by letting a few hundred people burn to death in their cars.

For nearly 30 years, automobile manufacturers have skirted the issue of fundamental design flaws that make cars prone to catch fire when involved in a crash. Engineers know how to relocate fuel tanks to make them less likely to leak or suffer punctures, but manufacturers have never been held responsible for ensuring their vehicles are safe.

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Prius presents potential dangers

A recent report by ConsumerAffairs.com, a web site that provides information including consumer news, recalls, and scam alerts, warns motorists of several dangerous problems associated with the popular Toyota Prius hybrid automobile that could result in serious . The most dangerous complaints submitted to the watchdog web site about the vehicle include unintended acceleration, poor or non-existent traction control, and unusual tire wear.

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Deadly crash spurs tire valve recall

A deadly rollover auto crash in Florida prompted a federal investigation and of 6 million tire valve stems after investigators alleged the accident was caused by a cracked stem, according to a report published in Lawyers USA. The recalled product was manufactured in China by Shanghai Baolong Automotive Corp. between July 2006 and November 2006. There could be as many as 36 million of the potentially defective stems currently in use on a variety of automobiles.

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