View Single Post
  #16  
Old 23-Mar-2005, 12:23
guest1 guest1 is offline
Registered Forum User
Big Twin
 
Posts: 1,173
Join Date: Mar 2008
Quote:
Originally posted by Lily
It was something along the lines of cost benefit for the company. They balance up the cost of the recall against the cost of being sued for accidents or even fatalities relating to it.

The cost/life/legal action you refer to I believe was the Ford motor company in america with respect to the fuel tanks exploding in rear end collisions.
Executive decision was that cost of recall to refit with sub $100 part would cost more than the probable number of compensation claims arising from the accident.
Needless to say they were "outed" in court and justice administered.
There is currently more class actions taking place with same company re: Victor Crown police vehicles and allegedly exploding collisions. (search Guardian webite for full scripts)

The cost for substantiation of a UK bypass is- if bypass saves one life then the budget is £4M. Any more and it is unlikely to receive planning permission. Kind of like a points system.
Quote+Reply