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I did not read this whole post, but I will add my own opinions or musings.
1. The loss of power steering and brakes does not necessarily render your vehicle unsafe and uncontrollable, but it absolutely will make braking and steering efforts significantly more difficult.
2. With the previous statement known, in an evasive maneuver or emergency brake scenario, (the alleged heavy key chains GM states as contributor to failure), could likely lead to the loss of said power brakes and steering and also the airbags when the driver needs all three the most.
3. Did GM conceal this problem and future financial liabilities from the bankruptcy court intentionally?
All I know, is that I have seen a Chevy Cobalt ignition fail when it was still relatively new and my friend get stiffed for the full replacement cost. I also owned a new 2005 Chevy Monte Carlo that was riddled with problems and not once did GM stand behind their product. I hope that the "new" GM is different, but this certainly doesn't give me any warm and fuzzies about wanting to go and shop for a new GM product. That disappoints me because GM has a half dozen models that I would have considered buying to replace my current vehicle. I have another year or so, and I am watching to see how GM (whether new or old) stands behind their product and makes right with the customers that have been wronged.
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