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Keyword: gm

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  • GM profits plunge on recall costs

    07/27/2014 5:59:43 AM PDT · by TwelveOfTwenty · 13 replies
    CBS/AP ^ | July 24, 2014, 8:10 AM | Not Stated
    General Motors said Thursday that its second-quarter earnings fell 85 percent, as recall costs chopped $1.5 billion from the bottom line.
  • GM Debt Climbs to Over $40 Billion, Earnings Disappoint

    07/24/2014 8:17:25 AM PDT · by jazusamo · 34 replies
    NLPC ^ | July 24, 2014 | Mark Modica
    General Motors reported earnings today for the 2nd quarter of 2014. The early prognosis is not good with share price falling after the report. While it is difficult for the Mom and Pop investor to sort through GM's myriad of one-time charges, special items and various smoke and mirrors, there are some key take-aways that give a glimpse of GM's financial health. Primarily, debt continues to grow at the company, now exceeding $40 billion while earnings are propped up by special items. Analyzing the levels of cash compared to debt at GM is probably the easiest way to get to...
  • GM recalls 717,950 vehicles in U.S., not for ignition switches

    07/23/2014 11:22:19 AM PDT · by TurboZamboni · 4 replies
    Reuters ^ | 7-23-14 | rooters
    General Motors Co (GM.N) on Wednesday announced six recalls covering 717,950 vehicles in the United States for varying reasons. None of the recalls were related to the ignition switch issues that have caused nearly 15 million recalls of GM vehicles worldwide this year. The new set of recalls brings GM's recalls worldwide this year to nearly 30 million. The largest recall is for a potentially loose bolt in power adjustable front seats for several cars from model years 2010 and 2012.
  • 2015 Chevy Volt gets larger battery, though range remains the same

    07/23/2014 11:00:03 AM PDT · by Red Badger · 16 replies
    green.autoblog.com ^ | Jul 18th 2014 6:30PM | By John Beltz Snyder
    The Chevrolet Volt isn't changing much for the 2015 model year. According to specifications uncovered by Inside EVs, though, the new Volt's battery does have a slightly larger capacity. According to the spec sheet, this doesn't translate to increased range. Real world driving, though, might tell a different story. The 2015 Volt's battery storage is slightly higher than the outgoing model's, up from 16.5 kilowatt-hours to 17.1 kWh. According to GM's manager of electrification technology communications, Kevin Kelly, speaking to Green Car Reports, the increased capacity is "a late change done in the cell... just another continuous improvement to surprise...
  • Opel dropping Ampera, the European Chevy Volt, because of weak sales

    07/23/2014 9:44:48 AM PDT · by Red Badger · 44 replies
    green.autoblog.com ^ | Jul 21st 2014 2:15PM | By Sebastian Blanco
    Sales of the Chevy Volt in the US have been fairly stable for the last few months (between a low of 1,478 and a high of 1,777 since March), but in Europe, the Opel Ampera (sister-vehicle of the Volt) has been trending downwards. The sales decline is prompting discussion that the vehicle will be killed off in Europe, according to Automotive News Europe. The car was a relative hit back in 2012, when it was named the European Car Of The Year and sales topped 5,200 units. Compared to 2012 numbers, which were good, Ampera sales dropped 40 percent to...
  • Lawmakers step into Delphi pension case

    07/21/2014 3:03:07 PM PDT · by TurboZamboni · 7 replies
    Benefits Pro ^ | 7-18-14 | Benefits Pro
    The pensions of retired salaried workers at Delphi have been in limbo since they were assumed by the Pension Benefit Guarantee Corporation. This week, U.S. Sen. Sherrod Brown, D-Ohio, and three more Democratic lawmakers from Ohio sent a letter to Labor Secretary Thomas Perez, urging him to intervene on behalf of Delphi retirees. “The 20,000 members of the salaried plan have been waiting for almost five years for a final benefit determination from the PBGC. Recent comments from the PBGC have suggested that the agency has yet to take basic initial steps towards making such a determination,” wrote the Ohio...
  • At Hearing on G.M. Recall, Mary Barra Gives Little Ground

    07/18/2014 9:19:32 AM PDT · by jazusamo · 15 replies
    NY Times ^ | July 17, 2014 | Bill Vlasic & Aaron M. Kessler
    WASHINGTON — Only three months ago, Mary T. Barra arrived for the first time on Capitol Hill to apologize — publicly, profusely and personally — for General Motors’ long failure to recall millions of small cars. On Thursday, Ms. Barra returned to Washington again, and this time, she drew the line. As senator after senator offered more bruising criticism of G.M., Ms. Barra, G.M.'s chief, signaled that there were limits to what the automaker would do. G.M., she said, will not expand its compensation program for victims. The company will not waive its protection from lawsuits gained in bankruptcy reorganization....
  • Exclusive: GM recalls some cars with problematic switches; judges others safe

    07/17/2014 7:21:36 AM PDT · by Zakeet · 10 replies
    Reuters ^ | July 17, 2014 | Paul Lienert
    General Motors Co last month recalled millions of vehicles with three different designs of ignition switches that could accidentally turn off the engine and disable air bags in a crash. But the automaker has concluded that more than 2 million other vehicles having exactly the same switches are safe. The vehicles which have not been recalled include fullsize crossovers such as the Buick Enclave and Chevrolet Traverse made from 2007 to the present, which share a switch with recalled late-model Chevrolet Camaros and Cadillac CTSs. Two other switch designs are in other sets of vehicles. GM spokesman Alan Adler said...
  • Nailed it! This People’s Cube art ‘needs to be on billboards all over America’ [pic]

    07/14/2014 5:43:50 PM PDT · by SoFloFreeper · 5 replies
    Twitchy ^ | 7/14/14 | Twitchy staff
    The times, they are a-changin’. Our friends at The People’s Cube show us just how much:
  • Exclusive: Prosecutors' case against GM focuses on misleading statements

    07/14/2014 9:36:25 AM PDT · by jazusamo · 7 replies
    Reuters ^ | July 14, 2014 | Emily Flitter & Karen Freifeld
    (Reuters) - Federal prosecutors are developing a criminal fraud case hinged on whether General Motors made misleading statements about a deadly ignition switch flaw, and are examining activity dating back a decade, before GM's 2009 bankruptcy, according to multiple sources familiar with the investigation. At the same time, at least a dozen states are investigating the automaker. Two state officials said that effort is likely to focus on whether GM broke consumer protection laws. Both federal and state investigations into the switch, which is linked to at least 13 deaths and 54 crashes, are at early stages, and it is...
  • GM Replacing Ignition Switch Kits With Faulty Tabs [Recalling a recall!]

    07/10/2014 1:01:35 PM PDT · by Spktyr · 11 replies
    autoevolution ^ | July 10, 2014 | Mircea Panait
    What the hell is going on over at General Motors? First the manufacturer announced on February 7th that a defect relating to 619,122 cars was identified, but that figure hiked to 25.7 million vehicles to date. As if that wasn't enough of a handful, the carmaker gets utterly ridiculous because of 542 redesigned ignition switches recalled in view of a faulty tab. According to an official statement, those 542 badly designed replacement ignition switch kits will be brought back to the Delphi Automotive plant in Mexico, disposed of and replaced with better built ones. Furthermore, this botchy mess "convinced" Delphi...
  • Subaru Recall Weakens GM Defense that Brake Line Rust is Maintenance Issue

    07/08/2014 9:29:09 AM PDT · by jazusamo · 24 replies
    NLPC ^ | July 8, 2014 | Mark Modica
    Subaru last week announced a second recall for vehicles which are prone to brake line corrosion in "salt belt" states. This latest recall follows a 2013 recall for the same issue, which can cause brake failure from burst brake lines due to rust. As Subaru does the right thing by consumers and motorists regarding the safety concern, General Motors continues to claim that brake line rust is a normal maintenance issue and refuses to recall its vehicles with the same problem. The Subaru recall weakens GM's defense that rusting brake lines do not need to be addressed by manufacturers...
  • Manchester United unveils new uniform with giant Chevrolet logo

    07/08/2014 8:09:03 AM PDT · by C19fan · 6 replies
    CBS Sports ^ | July 7, 2014 | Evan Hilbert
    Manchester United, along with several English Premier League teams, unveiled its uniform for the 2014-15 season. It's your typical Man U look, with a Nike swoosh and crest on the front. There is something slightly different. Ah yes, a bit of white in the collar. That's it. Oh and a giant Chevrolet logo. That's also new.
  • NHTSA Lists 1,895 Complaints for GM Brake Lines, GM Denies Problem

    07/02/2014 1:26:16 PM PDT · by jazusamo · 14 replies
    NLPC ^ | July 2, 2014 | Mark Modica
    General Motors continues to deny that there is a problem with rusting brake lines on its vehicles, as noted here yesterday. GM's new Vice President of Global Safety, Jeffrey Boyer, claims that brake line rust "is a maintenance issue that affects the entire automotive industry." However, a search of the National Highway Traffic Safety Administration's (NHTSA) website shows that GM vehicles have about ten times the complaints for brake lines than Ford, Toyota and Honda combined! NHTSA has a tool to allow searches for complaints by keyword. While there is an ongoing NHTSA investigation on model year 1999 to 2003...
  • “Bin Laden is dead and General Motors is alive!” Or vice versa.

    07/01/2014 5:23:24 AM PDT · by NOBO2012 · 12 replies
    Michelle Obama's Mirror ^ | 7-1-2014 | MOTUS
     *Actual Results May VaryEven as bumper sticker slogans go, it was a bit dubious from the start. Now it looks like it was actually the other way around.The claim seemed bogus from the moment the angry mob in Cairo chanted “Obama! Obama! There are still a billion Osamas!” right up through this month’s resurgence of al Qaeda in Iraq.And as far as GM goes, it appears that rumors of its survival may have been exaggerated as well. Despite life support efforts that included the removal of crushing debt from its books and infusions of billions in special future tax breaks,...
  • Here Are The 28.5 Million Cars Recalled By GM In The First Half Of 2014

    06/30/2014 6:29:24 PM PDT · by Nachum · 26 replies
    zero hedge ^ | 6/30/14 | Tyler Durden
    One could say things about what is now without doubt the biggest company joke in the history of the US - maybe global - automotive sector, putting even East Germany's infamous Trabant to shame. Things like following the just announced latest recall of another 7.6 million cars across models from 1997 to 2014, and another 800K+ cars thrown in just because, GM has recalled more cars in the first 6 months of 2014 than it has sold in all of 2011, 2012 and 2013. Which incidentally would be true as the chart below shows.
  • GM Could Make Huge Payments to Crash Victims [Feinberg, Obama Czar, Involved]

    06/30/2014 7:15:08 AM PDT · by SoFloFreeper · 7 replies
    ABC "News" ^ | 6/30/14
    ...The decision on how much to pay claimants is being made by compensation expert Kenneth Feinberg. GM says the faulty switches are responsible for at least 54 crashes and more than 13 deaths.....
  • GM to recall about 400,000 [more] pickups, SUVs for software fix [more than 20 million this year]

    06/28/2014 1:03:18 AM PDT · by Zakeet · 26 replies
    Wall Street Journal ^ | June 28, 2014 | Tim Higgins
    Detroit: General Motors Co., which has recalled about 20 million cars and trucks in North America this year, added 428,111 more US vehicles to that tally, including its redesigned full-sized pickups and large sport-utility vehicles. GM said it needs to recalibrate software that controls the gears to fix the four-wheel drive on 392,459 pickups and SUVs, including the Chevrolet Silverado and GMC Sierra pickups from 2014 and 2015 model years and the 2015 Chevy Tahoe and Suburban. The effected models can switch into neutral on their own, the automaker said on Friday in an e-mailed statement. If this occurs while...
  • Dealers Ordered To Stop Selling Chevrolet Cruze For A Safety Defect

    06/25/2014 2:14:34 PM PDT · by tcrlaf · 16 replies
    Jalopnik ^ | 6-25-2014 | Micheal Ballaban
  • Scan license plates so you can text flirty messages to cute drivers with GM’s new app

    06/22/2014 5:58:41 PM PDT · by Jack Hydrazine · 54 replies
    Digital Trends ^ | 21JUN2014 | Jason Hahn
    There are plenty of smartphone apps that make it easier to flirt and set up dates with strangers, but GM has an ace up its sleeve that may trump all of them. No, the car manufacturer isn’t muscling its way into the dating game – at least not directly. But its China R&D team has developed an Android app that lets a driver scan a license plate in order to start texting the owner of that car. The romantic implications of DiDi Plate, a prototype app debuted earlier this month at the Telematics Detroit 2014 conference, are obvious enough, even...
  • How jargon hurt the culture at GM

    06/20/2014 12:25:57 PM PDT · by SeekAndFind · 16 replies
    Washington Post ^ | 06/20/2014 | Jena McGregor
    The unsparing and harshly critical report from attorney Anton Valukas' investigation into General Motors, which held its annual shareholders meeting Tuesday morning, finds an array of culprits behind the company's ignition switch crisis. It cites a lack of urgency in the culture and, as GM CEO Mary Barra described it, "a pattern of incompetence." It blames an unwillingness of those in the know to reconsider their conclusions, and a dizzying number of committees with little clear accountability. The report also makes several references to the role corporate speak played in the wrongdoing. Typically, we think of corporate speak as trivialities...
  • GM hit with $10 billion lawsuit saying recalls damaged brand

    06/18/2014 8:42:07 AM PDT · by grundle · 21 replies
    Reuters/yahoo.com ^ | July 18, 2014 | Jessica Dye and Jonathan Stempel
    (Reuters) - A new lawsuit says General Motors Co should compensate millions of car and truck owners for lost resale value, potentially exceeding $10 billion, because a slew of recalls and a deadly delay in recalling cars with defective ignition switches has damaged its brand. According to a complaint filed on Wednesday with the federal court in Riverside, California, GM hurt customers by concealing known defects and valuing cost-cutting over safety, leading to roughly 40 recalls covering more than 20 million vehicles this year alone. It said this has caused a variety of late-model vehicles to lose roughly $500 to...
  • Lawmakers want more from GM

    06/18/2014 9:14:28 AM PDT · by jazusamo · 7 replies
    The Hill ^ | June 18, 2014 | Keith Laing
    House lawmakers told General Motors CEO Mary Barra on Wednesday that they were not satisfied with her company’s own probe into the slow recall of defective, deadly vehicles. "I want to be clear today that our investigation does continue,” Energy and Commerce Committee Chairman Fred Upton (R-Mich.), said. Barra was returning to Capitol Hill for the first time since releasing an internal review that found GM had a pattern of " incompetence and neglect " that led to its failure to recall more than two million defective cars made from the mid-2000’s until earlier this year. GM fired 15 people...
  • Texas woman convicted of manslaughter learns GM ignition switch caused fiancé’s crash death

    06/17/2014 11:54:35 AM PDT · by Dallas59 · 44 replies
    Righting Injustice ^ | 6/6/2014 | Righting Injustice
    A Texas woman who became a convicted felon for causing a 2004 car crash that killed her fiancé has learned that General Motors (GM) counts the accident as one of 13 deaths it blames on its defective ignition switches. Candice Anderson was driving her 2004 Saturn Ion in Canton, Texas, with her fiancé Mikale Erickson in November 2004 when she lost control of the vehicle and crashed. Mr. Erickson, the father of two small children, was killed. Ms. Anderson was thrown through the windshield and barely survived the crash herself. The vehicle’s airbags never deployed. Police could find no causes...
  • Congress to scrutinize GM’s corporate culture

    06/16/2014 12:56:36 PM PDT · by Olog-hai · 7 replies
    Associated Press ^ | Jun 16, 2014 3:38 PM EDT | Ivan Moreno
    U.S. Rep. Diana DeGette wants General Motors to explain how it plans to fix what’s been described as a lax corporate culture and how the company plans to compensate victims of crashes tied to faulty ignition switches. The Colorado Democrat on Monday outlined questions she’ll pose to new GM CEO Mary Barra during a congressional hearing Wednesday. DeGette, the ranking member of the House committee investigating GM’s recall of 2.6 million small cars, noted a company-commissioned report released this month that showed “the GM corporate culture was so siloed that they were unable to catch some of the safety problems...
  • GM CEO Mary Barra Ignores Brake Corrosion Safety Issue

    06/11/2014 3:38:23 PM PDT · by jazusamo · 43 replies
    NLPC ^ | June 11, 2014 | Mark Modica
    Well, it looks like New GM is not much different than Old GM when it comes to addressing serious safety issues on its vehicles. The Associated Press reports that General Motors CEO, Mary Barra, claims that GM has not turned up any other major safety issues. I guess Ms. Barra feels that two tons of steel traveling at high speeds with brake lines that can burst at any moment is nothing to be concerned about. The continued denial by GM that there is no safety issue with their trucks that are prone to brake line corrosion proves that the...
  • G.M. Lawyers Hid Fatal Flaw, From Critics and One Another

    06/07/2014 10:44:33 AM PDT · by jazusamo · 15 replies
    NY Times ^ | June 6, 2014 | Bill Vlasic
    DETROIT — To the legal department at General Motors, secrecy ruled. Employees were discouraged from taking notes in meetings. Workers’ emails were examined once a year for sensitive information that might be used against the company. G.M. lawyers even kept their knowledge of fatal accidents related to a defective ignition switch from their own boss, the company’s general counsel, Michael P. Millikin. An internal investigation released on Thursday into the company’s failure to recall millions of defective small cars found no evidence of a cover-up. But interviews with victims, their lawyers and current and former G.M. employees, as well as...
  • GM fires 15 in wake of "deeply troubling" recall report

    06/05/2014 8:36:36 AM PDT · by jazusamo · 19 replies
    Fox News ^ | June 5, 2014
    Video of press conference at source. General Motors has dismissed 15 employees and disciplined five others in the wake of an internal investigation into the company's handling of defective ignition switches, which lead to at least 13 fatalities. GM CEO Mary Barra says the personnel worked in several areas including engineering, legal and public policy, and that a disproportionate number of them were senior executives or higher. Barra described the conclusions of the investigation as “extremely thorough, brutally tough, and deeply troubling.” Barra says that the report found no conspiracy to cover up facts or trade-off between safety and cost,...
  • GM apologizes for sending recall notices to victims' families

    06/04/2014 7:38:45 AM PDT · by Responsibility2nd · 8 replies
    Reuters ^ | 06/03/2014 | By Marilyn Thompson and Paul Lienert
    (Reuters) - General Motors on Tuesday apologized to families of accident victims who have been notified to bring in cars for replacement of defective ignition switches. "We are deeply sorry to those families who received a recall notice," said GM spokesman Greg Martin in response to questions from Reuters. GM has recalled 2.6 million of its most popular models to replace a defective switch that it has linked to 13 fatalities. Some families who lost loved ones in fatal crashes have complained that GM should not have sent them notices to bring in cars for repairs. Terri DiBattista, who lost...
  • Exclusive: At least 74 dead in crashes similar to those GM linked to faulty switches

    06/02/2014 5:35:58 PM PDT · by Red in Blue PA · 6 replies
    (Reuters) - At least 74 people have died in General Motors cars in accidents with some key similarities to those that GM has linked to 13 deaths involving defective ignition switches, a Reuters analysis of government fatal-crash data has determined. Such accidents also occurred at a higher rate in the GM cars than in top competitors’ models, the analysis showed. Reuters searched the Fatality Analysis Reporting System (FARS), a national database of crash information submitted by local law-enforcement agencies, for single-car frontal collisions where no front air bags deployed and the driver or front-seat passenger was killed. The news agency...
  • GM Sure Recalled A Lot Of Cars Right After The Feds Sold Their Shares

    05/26/2014 6:16:12 PM PDT · by george76 · 40 replies
    the Federalist ^ | May 21, 2014 | Sean Davis
    According to recent reports, GM just recalled another 2.4 million vehicles this week, bringing the total number of recalled GM vehicles this year to a record 13.6 million. USA Today got right to the point when it asked, “Are there any GM cars that haven’t been recalled?” ... GM knew about serious problems with the ignition switch for years, going back to at least 2007. At that time, GM had hard data from multiple crashes showing that some of its ignition switches had failed to function properly. The U.S. government officially bailed out the automaker in December of 2008. Throughout...
  • GM faulty ignition crashes now 47

    05/24/2014 11:14:35 AM PDT · by jazusamo · 26 replies
    CNN Money ^ | May 24, 2014 | CNNMoney Staff
    GM (GM, Fortune 500) has raised the number of frontal-impact crashes linked to the problem ignitions to 47 from 32, according to company spokesman Greg Martin. Because of the flawed ignition, key rings holding more than one key could cause the ignition to suddenly switch to the off position. That can lead to a loss of power -- locking the steering wheel and interrupting airbags from deploying in an accident. GM says the number of deaths tied to front impact crashes stemming from this defect remains at 13. On Friday, the National Highway Traffic Safety Administration reportedly said the number...
  • 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,...
  • UAW official nominated for seat on GM board

    04/25/2014 1:26:30 PM PDT · by Olog-hai · 12 replies
    Associated Press ^ | Apr 25, 2014 3:32 PM EDT | Tom Krisher
    For the first time, General Motors Co. could have an official of the United Auto Workers union on its board of directors. UAW Vice President Joe Ashton was nominated to a board seat controlled by a UAW trust fund that pays retiree health care bills. He plans to retire from his union post in June. The move, which would be considered common in Europe, is a first for General Motors, and a sign of how the relationship between the company and the union has changed in the past decade. Before that, the UAW battled with the company over wages, benefits...
  • Toyota sells 2.58 million vehicles, outselling GM

    04/22/2014 11:13:20 PM PDT · by Olog-hai · 14 replies
    Associated Press ^ | Apr 23, 2014 1:24 AM EDT
    … Toyota Motor Corp. said Wednesday that it sold 2.583 million vehicles in the January-March period, ahead of Detroit-based GM at 2.42 million and Volkswagen of Germany at 2.4 million. The Japanese automaker’s first quarter sales rose by more than 6 percent from the same period the previous year. GM’s sales grew 2 percent, while Volkswagen’s added nearly 6 percent. …
  • GM boosting China production capacity to 5 million

    04/20/2014 10:35:27 AM PDT · by Olog-hai · 22 replies
    Associated Press ^ | Apr 20, 2014 10:49 AM EDT
    The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million. Speaking at the Beijing auto show, Dan Ammann said the company also expects sales of its Cadillac luxury cars to double to 100,000 next year. General Motors Co. and its Chinese partners are in the midst of what the company has said is a $12 billion investment program through 2017. …
  • GM to ask bankruptcy court for lawsuit protection

    04/15/2014 9:57:47 PM PDT · by Olog-hai · 5 replies
    Associated Press ^ | Apr 15, 2014 11:07 PM EDT | Tom Krisher
    General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy. The automaker’s strategy is in a motion filed in a Corpus Christi, Texas, federal court case, and in other cases across the nation that involve the defective ignition switches that have led GM to recall 2.6 million small cars. The motion asks U.S. District Judge Nelva Gonzales Ramos to delay action on the lawsuit until the bankruptcy court rules and other federal courts decide if the case should...
  • The GM Scandal Is Worse Than You Think

    04/05/2014 8:44:43 AM PDT · by Kaslin · 29 replies
    Townhall.com ^ | April 4, 2014 | David Harsanyi
    Here's another reason government should never own a business. In February 2010, the Obama administration's transportation secretary, Ray LaHood, told America, without a shred of evidence, that Toyota automobiles were dangerous to drive. LaHood offered the remarks in front of the House subcommittee that was investigating reports of unintended-acceleration crashes. "My advice is, if anybody owns one of these vehicles, stop driving it," he said, sending the company's stock into a nose dive. Even at the time, LaHood's comments were reckless at best. Assailing the competition reeks of political opportunism and cronyism. It also illustrates one of the unavoidable predicaments...
  • 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...
  • 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.
  • Chevrolet Volt Sales Flat In March

    04/01/2014 1:43:24 PM PDT · by lacrew · 10 replies
    InsideEvs ^ | 4-1-14 | Jay Cole
    After announcing a short delay “due to a computer systems issue that impacted dealer sales reporting”, General Motors announced that they sold 1,478 Chevy Volts in March – which is exactly the same number of cars they sold a year ago this month. Not the result we were hoping for, as the wind-down of California’s “green sticker” program this week spurred on sales of competitors (like the Toyota Prius – up 92%) to new highs for the year. This month also ‘kind-of ‘ stops a trend of 3 consecutive months (and 5 of 6 overall) of declining sales for the...
  • Remember When Obama Touted the Now-Recalled Chevy Cobalt?

    04/01/2014 11:50:48 AM PDT · by F15Eagle · 32 replies
    National Review Online ^ | April 1, 2014 10:25 AM | By Jim Geraghty
    President Obama, speaking at a GM plant in Lordstown, Ohio, September 15, 2009: “That program was good for automakers, consumers, and our environment,” Obama said of the Cash for Clunkers programs, “and the Chevy Cobalt that you build here was one of GM’s most sought-after cars under that program. Dealers across the country started running out of it and needed you to build more.” All Chevy Cobalts from 2005 to 2010 are being recalled because of fears the “ignition switch may move out of the “run” position, resulting in a partial loss of electrical power and turning off the engine....
  • Cobalts Were Seen as Lemons From Start, State Data Shows

    04/01/2014 11:26:16 AM PDT · by C19fan · 27 replies
    NY times ^ | March 31, 2014 | Danielle Ivory and Rebecca R. Ruiz
    Long before the Chevrolet Cobalt became known for having a deadly ignition defect, it was already seen as a lemon. Owners complained about power steering failures, locks inexplicably opening and closing, doors jamming shut in the rain — even windows falling out. Long before the Chevrolet Cobalt became known for having a deadly ignition defect, it was already seen as a lemon. Owners complained about power steering failures, locks inexplicably opening and closing, doors jamming shut in the rain — even windows falling out.
  • 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...
  • 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.
  • 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 halts most Chevy Cruze sales

    03/28/2014 8:06:25 AM PDT · by McGruff · 45 replies
    CNN Money ^ | March 28, 2014
    General Motors has halted the sale of most of the Chevrolet Cruzes now on dealers' lots. The Cruze is GM's best selling U.S. car model. Spokesman Alan Adler confirmed that GM has ordered a halt to sales of models with the 1.4-liter turbo engine, the most popular version of the compact car. Adler did not give the reason for the halt, and said there hasn't been a recall issued on cars already sold. The news comes as GM deals with a damaging recall of 1.6 million small cars worldwide to deal with an ignition switch flaw that has been linked...