Take the number of vehicles in the field, (A), and multiply it by the probable rate of failure, (B), then multiply the result by the average out-of- court settlement, (C). A times B times C equals X...If X is less than the cost of a recall, we don't do one.
What applies to the Car Industry (via Dialogue from Fight Club) applies to the Chemical Industry in Spades. DuPont Knew (or strongly suspected) that C8 & (Teflon) were causing Cancers, Birth Defects etc. But the cost was going to be too high to move away so they all "kicked the can down the road".
Time to sock them with a multi-billion dollar verdict after some of these people are locked up for long periods.
What applies to the Car Industry (via Dialogue from Fight Club) applies to the Chemical Industry in Spades. DuPont Knew (or strongly suspected) that C8 & (Teflon) were causing Cancers, Birth Defects etc. But the cost was going to be too high to move away so they all "kicked the can down the road".
Time to sock them with a multi-billion dollar verdict after some of these people are locked up for long periods.