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Keyword: generalmotors

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  • Inquiries at General Motors Are Said to Focus on Its Legal Unit

    05/17/2014 11:40:04 AM PDT · by jazusamo · 11 replies
    NY Times ^ | May 17, 2014 | Bill Vlasic
    DETROIT — As General Motors faces a number of continuing investigations into its handling of a vehicle safety defect linked to 13 deaths, its legal department has become a focus of a broad internal inquiry into how the company handled the issue, according to two people with knowledge of the investigation. Even as G.M. acknowledged that it knew about the defect for more than a decade, it has insisted that work on the ignition problem was limited to a handful of midlevel employees. But a review of internal documents, emails and interviews paint a different picture, showing that high-ranking officials,...
  • Five Takeaways from the GM Safety Debacle

    04/10/2014 9:04:06 AM PDT · by Kaslin · 28 replies
    Townhall.com ^ | April 10, 2014 | Peter Morici
    Mary Barra, CEO of General Motors, was called before Senate and House Committees last week to explain why a faulty ignition switch, responsible for at least 13 crash deaths, was not recalled for several years in vehicles manufactured by GM. Barra, who served as Executive Vice President for Global Product Development, Purchasing and Supply Chain until January, told members of Congress that she had no knowledge of the switch problem prior to the recent recalls. Members of Congress were left frustrated. Neither Barra nor federal regulators provided good answers as to why the vehicles were not recalled sooner and the...
  • I Can't Believe the U.S. Government Wants to Unleash This on the Public

    04/09/2014 7:11:08 AM PDT · by Vigilanteman · 3 replies
    Money Morning ^ | 8 April 2014 | Shah Gilani
    Do you know Ally Financial Inc.? You've no doubt seen their commercials. They used to be all over the tube hawking their high-yielding certificates of deposit. Now they're all over the tube with their "no hidden fees" campaign. . . . But Ally isn't funny. It recently announced that it's launching an initial public offering (IPO) of its stock at a price per share of $25 to $28. The shares will be offered by the U.S. Treasury as part of its planned exit of its investment in Ally during the subprime crisis in 2008. I've heard some analysts say this...
  • Michael Moore: General Motors 'criminals' deserve death

    04/01/2014 8:59:38 AM PDT · by ColdOne · 59 replies
    washingtonexaminer.com ^ | 4/1/14 | Charlie Spiering
    Liberal filmmaker Michael Moore believes that whoever was responsible at General Motors for failing to recall a faulty ignition switch deserves death. "I am opposed to the death penalty, but to every rule there is usually an exception, and in this case I hope the criminals at General Motors will be arrested and made to pay for their pre-meditated decision to take human lives for a lousy ten bucks," he wrote. Moore blamed former President George W. Bush's transportation Department for ignoring the problem in 2007 and praised new GM CEO Mary Barra for telling the truth about the problem.
  • Minding the Minders of G.M.

    04/05/2014 11:15:15 AM PDT · by jazusamo · 9 replies
    NY Times ^ | April 5, 2014 | Jackie Calmes
    There is a truism in Washington that was confirmed last week in Congress: Even less popular than government regulation is a regulator suspected of not doing its job. Not for the first time, the National Highway Traffic Safety Administration — or N.H.T.S.A. (pronounced NITZ-ah) — was forced to answer for failing to protect consumers. In this case, the failure involved a defective General Motors ignition switch implicated in 13 deaths. While G.M.’s new chief executive, Mary T. Barra, took most of the heat in two days of House and Senate hearings last week, she shared the grill with the safety...
  • GM Attempted Ludicrous 'Fix' for Defective Ignitions in 2005

    04/03/2014 10:28:00 AM PDT · by jazusamo · 26 replies
    NLPC ^ | April 3, 2014 | Mark Modica
    General Motors' CEO, Mary Barra, testified this week at government hearings on the deadly recall delay that contributed to at least 13 deaths of motorists driving GM vehicles with defective ignition switches. During that testimony Ms. Barra discussed one of GM's ridiculous early "solutions" for problems with ignitions turning to the off position as vehicles were being driven. GM engineers designed an insert to be placed in the keys' holes in an attempt to limit how much key chains dangled. This "fix" saved the company a few dollars in labor costs that would have been charged if they recalled...
  • Senators accuse GM of trying to cover up defective switch tied to 13 deaths

    04/02/2014 3:35:15 PM PDT · by alloysteel · 34 replies
    Foxnews.com ^ | April 2, 2014 | AP release
    Members of a Senate subcommittee accused General Motors of trying to cover up problems with an ignition switch that is now tied to 13 deaths, and pressed CEO Mary Barra to commit to punishing anyone involved. Panel members also told Barra that GM should tell owners to stop driving all the 2.6 million cars being recalled for the faulty switch until they are repaired. GM is currently telling owners the cars, mainly Chevrolet Cobalts and Saturn Ions, are fine to drive as long as nothing is placed on the key chain.
  • LeDuff: Don't just blame GM, blame the politicians too

    04/02/2014 8:50:14 AM PDT · by RckyRaCoCo · 7 replies
    myfoxdetroit ^ | 04/01/2014 | Charlie LeDuff
    Government Motors. Remember that one? That's a huge, overlooked detail in this whole GM recall crisis - the federal government's oversight of a company they bought out of bankruptcy four years ago and, under their nose, that same company is hiding its deadly, dirty laundry. Charlie LeDuff caught up with California Democrat Henry Waxman, who was head of the United States House Committee on Oversight and Government Reform at the time of that purchase.
  • Democratic Senator Tells GM Car Owners to Stop Driving Immediately

    04/01/2014 1:29:18 PM PDT · by Sub-Driver · 22 replies
    April 1, 2014 3:54 PM Democratic Senator Tells GM Car Owners to Stop Driving Immediately By Jim Geraghty A reader sends this in and quips, “Blumenthal to Michigan: Drop Dead!” CBS Connecticut: “Connecticut Senator Richard Blumenthal is among those calling for GM to make a stronger statement and tell owners to stop driving their cars immediately. Blumenthal believes GM made a decision to hide the defect of ignition switches.” Considering the risk from the switches, Blumenthal’s advice isn’t the most outlandish conclusion in the world. If an owner of one of the recalled cars wants to drive it at all,...
  • Power Steering Recall Could Cost GM Over $1.5 Billion

    04/01/2014 9:39:04 AM PDT · by jazusamo · 49 replies
    NLPC ^ | April 1, 2014 | Mark Modica/Peter Flaherty
    Almost two weeks after NLPC first requested that General Motors recall vehicles with defective power steering components , the company has agreed to the recall and finally remove the dangerous vehicles from the roads. Over 1.3 million Saturn Ions and related vehicles are included in the recall, bringing the total amount of GM vehicles recalled over the past month or so to over 6 million. The total cost to GM for the recalls will be in the billions of dollars with the latest recall probably accounting for over $1.5 billion on its own. The costs to GM's reputation are...
  • Congress Must Ask Barra Why GM Hasn’t Recalled Saturn Ions with Power Steering Loss

    03/31/2014 8:32:12 AM PDT · by jazusamo · 16 replies
    NLPC ^ | March 31, 2014 | Mark Modica
    On Friday, General Motors expanded its recall of vehicles with an ignition switch defect, but Saturn Ions with a dangerous steering loss problem remain unrecalled, even though Chevy Cobalts and other models with the exact same defect were previously recalled. The two Congressional Committees holding hearings this week must directly ask GM CEO Mary Barra why these dangerous vehicles remain on the road. It has now been almost two weeks since we requested that Barra immediately order a recall of Saturn Ions (MY 2004 to 2007) with defective electric power steering systems. GM had previously recalled Chevy Cobalts and Pontiac...
  • An Engineer’s Eureka Moment With a G.M. Flaw

    03/30/2014 1:19:58 PM PDT · by jazusamo · 46 replies
    New York Times ^ | March 28, 2014 | Bill Vlasic
    DETROIT — Somewhere inside the two-inch ignition switch from the 2005 Chevrolet Cobalt was the clue that Mark Hood was seeking. Mr. Hood, an engineer in Florida, had photographed, X-rayed and disassembled the device in the fall of 2012, focusing on the tiny plastic and metal switch that controlled the ignition. But even after hours of testing, Mr. Hood was at a loss to explain why the engine in Brooke Melton’s Cobalt had suddenly shut off, causing her fatal accident in 2010 in Georgia. It was no small matter to her family, which had hired Mr. Hood for their lawsuit...
  • General Motors recalls Chevrolet Cruzes, trucks and SUVs

    03/29/2014 11:04:05 AM PDT · by jazusamo · 17 replies
    Reuters ^ | March 29, 2014
    (Reuters) - General Motors Co is recalling certain Chevrolet Cruze models for possible axle fractures, and more than 490,000 trucks and SUVs for potential transmission cooler line issues, the company said in a statement late on Friday. These latest recalls come as the head of the country's biggest automaker, Chief Executive Mary Barra, faces Congress next week regarding who is to blame for faulty ignition switches linked to crashes and at least 12 deaths. The GM Cruze recall targets the 2013 and 2014 1.4L turbo gasoline powered model to replace a right front axle half shaft that can fracture without...
  • GM Response to Recall Delay Victims Anything BUT Compassionate

    03/25/2014 9:05:55 AM PDT · by jazusamo · 19 replies
    NLPC ^ | March 25, 2014 | Mark Modica
    Merriam-Webster.com defines compassion as, "a feeling of wanting to help someone who is sick, hungry, in trouble, etc." A Google search teaming the name Mary Barra with "compassionate" pulls up a host of articles fawning over General Motors' new CEO's handling of the company's botched recalls which seem to have cost at least 12 American lives. Contrary to the media's belief that GM is a compassionate entity working in the best interests of accident victims, the facts show that the response to defects in GM vehicles and subsequent recall delays has been anything BUT compassionate. The NY Times continued its...
  • GM Asked to Recall 382,000 Vehicles With Steering Loss Defect

    03/19/2014 11:09:16 AM PDT · by jazusamo · 9 replies
    NLPC ^ | March 19, 2014 | Peter Flaherty
    This letter is being sent today to GM CEO Mary Barra: We ask that General Motors (the Company) recall Saturn Ions for the model years 2004 through 2007 without further delay. These automobiles endanger the lives and safety of their drivers and passengers due to a loss of power steering, a serious problem of which the Company has been aware for several years. According to a summary of an ongoing investigation by the National Highway Traffic Safety Administration (NHTSA): ...GM indicated that the EPS (electric power steering) system used in the subject vehicles was the same as that used...
  • Questions Upton Committee MUST Ask GM About Recall Delay

    03/17/2014 1:00:51 PM PDT · by jazusamo
    NLPC ^ | March 16, 2014 | Peter Flaherty
    The following letter was sent today to Rep. Fred Upton (R-MI), Chairman of the House Energy and Commerce Committee: As your committee prepares for the upcoming House Energy and Commerce Committee hearing on the recent GM recall, I urge you to use every opportunity to examine what, if any, influence the U.S. government's ownership of GM has had on this troubling failure to address the dangerously flawed vehicles. In addition, we urge your committee to consider posing the following questions to panelists at your hearing: 1. In late 2009, GM sued supplier JTEKT North America for $30 million over faulty...
  • GM Recall Death Toll to Rise?; What Did Mary Barra Know and When Did She Know it?

    03/13/2014 10:35:45 AM PDT · by jazusamo · 57 replies
    NLPC ^ | March 13, 2014 | Marl Modica
    The New York Times hinted that the 11 year death toll for victims who drove defective General Motors' vehicles (that are just now being recalled) may rise from the current 12 confirmed fatalities. The Times reports, "Since 2003, GM has reported at least 78 deaths and 1,581 injuries involving the now-recalled cars, according to a review of agency records." It is not clear how many of the accidents involving one of the 1.6 million now-recalled vehicles were caused by the defect. The article does state that "the records mention potentially defective components" and "regulators appear to have overlooked disturbing...
  • ObamaCar Replacement Batteries Cost $34,000 According to GM Dealers

    03/08/2014 5:27:27 AM PST · by Kaslin · 43 replies
    Townhall.com ^ | March 8, 2014 | John Ransom
    Here’s the good news about the ObamaCar known as the Chevy Volt: There haven’t been any reported fires connected with the ObamaCar since the company recalled 8,000 of the electric vehicles—that’s one in six vehicles. That is no fires, if you don’t count the people who’ve been “fired” from the Volt production line as sales continue to make Obama’s “one million” electric car promise just another broken dream in a crooked scheme. Obama promised that by the time he finished as president, he’d put a million electric cars on the road. Thankfully, he won’t quite make it. No telling...
  • Chevrolet Sells 1,210 Volts In February, Off 26% From 2013

    03/04/2014 12:31:32 PM PST · by lacrew · 17 replies
    InsideEVs ^ | 3-3-14 | Jay Cole
    After posting a fairly disappointing 918 Volt sales in January – the first time sales were under 4 digits in 2 years (603 - Jan 2012), the extended range Chevy bounced back a little in February notching 1,210 deliveries. Year-over-year, this February’s result was up against some fairly stiff competition as 1,626 were sold this month a year ago, meaning sales were off 25.6%. For the year to date, 2,128 Volts have been sold as compared to 2,766 – off 23.1% There just isn’t enough casr to even get the Volt a fighting chance as the General opted to produce...
  • Former NHTSA Head Criticizes GM for Deadly Recall Delay

    03/04/2014 9:32:30 AM PST · by jazusamo · 12 replies
    NLPC ^ | March 3, 2014 | Mark Modica
    Former head of the National Highway Traffic Safety Administration (NHTSA), Joan Claybrook, has weighed in on the deadly delay by General Motors on a recall for a defect that is alleged to have resulted in 13 deaths and 33 accidents. Ms. Claybrook appeared on the Cavuto Show on Fox Business where she blasted both GM and NHTSA for waiting 10 years to recall the defective models and went as far as saying that there should be criminal charges brought against GM by the Justice Department. Congress was questioned for its response (or lack thereof) as Cavuto started the segment by...