General Motors

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GM Recalls 971K More Vehicles Over Ignition

Expanded recall over faulty switch applies to 2008-11 models of six cars

(Newser) - General Motors is boosting by 971,000 the number of small cars being recalled worldwide for a defective ignition switch , saying cars from the model years 2008-2011 may have gotten the part as a replacement. The company previously announced the recall of 1.6 million cars, only through the 2007...

GM Halts Sales of Some Cruzes, Won't Say Why

'This is something we don't see every day,' dealer says

(Newser) - General Motors might have yet another problem on its hands. The automaker has ordered its dealers to stop selling 2013 and 2014 Chevy Cruzes with 1.4-liter turbo engines, without giving any hint as to why, the Wall Street Journal reports. GM confirmed the move for Reuters today, noting that...

GM Knew of Safety Flaw, Released Cobalt Anyway

Exec acknowledges 'business decision'

(Newser) - The 2005 Cobalt's ignition-switch issues—which, according to one watchdog , contributed to hundreds of deaths—apparently came as no surprise to General Motors. The company released the cars despite its awareness of the problem, the Wall Street Journal reports, with engineers rationalizing that even if the car stalled, drivers...

GM Creates New Safety Chief Position

Names Jeff Boyer to the role

(Newser) - It's safe to say GM is struggling a little bit in the safety department right now—and today the company announced it has created a new position, VP of global vehicle safety. Jeff Boyer, whom the Wall Street Journal calls an "engineering veteran," will take on the...

GM Recalls 1.2M SUVs
  GM Recalls 1.2M SUVs 
Mar 17, 2014 11:51 AM CDT

GM Recalls 1.2M SUVs

64K Cadillac sedans also called back

(Newser) - As it deals with reports of a possible 303 deaths linked to ignition-switch problems, General Motors is issuing another recall—this time of 1.2 million SUVs and several hundred thousand other vehicles. The company needs to fix wiring for a side airbag in the SUVs, CNNMoney reports. Customers may...

303 Deaths Linked to GM Air Bag Failure
 303 Deaths Linked 
 to Delayed GM Recall 
says watchdog
Mar 14, 2014 3:17 AM CDT

303 Deaths Linked to Delayed GM Recall

Watchdog's number far greater than the 13 deaths earlier reported

(Newser) - General Motors' slow response to an ignition switch problem in two now-recalled models may be linked to hundreds more deaths than earlier believed, according to the Center for Auto Safety watchdog group. The group says 303 people died in the Chevrolet Cobalts and Saturn Ions between 2003 and 2012 when...

Feds Open Criminal Inquiry Into GM Auto Recall

Justice Department suspects automaker didn't act quickly enough

(Newser) - General Motors is facing more pressure over its handling of a deadly defect in certain compact cars as word leaked of a criminal investigation and two congressional committees opened inquiries into the matter. The Justice Department is investigating whether GM broke any laws with its slow response to a problem...

GM's New Female CEO Receives Major Pay Package

Mary Barra will take home $14.4M this year

(Newser) - General Motors says new CEO Mary Barra will get a pay package worth $14.4 million this year—a 60% increase over the pay of Dan Akerson, who she replaced last month, CNN Money reports. Barra is the first woman CEO of a major global automaker. She'll get $1....

CES' Hot New Gadget Is Your Car

New vehicles sprout 4G; Google announces Open Automotive Alliance

(Newser) - The big news from the Consumer Electronics Show—where the expected theme is "the connected car"—is a plan to make your new vehicle a little more like your smartphone. General Motors and Audi tell the Wall Street Journal they have plans to give their vehicles built-in 4G...

GM's First Female CEO 'Has Gasoline in Her Veins'

Mary Barra is ultimate auto industry insider, with blue-collar roots

(Newser) - Mary Barra's appointment as the first woman at the top of a major auto firm is a sign of changing corporate culture, but the new GM chief is a longtime insider with, as they say in Detroit, "gasoline running through her veins," the New York Times finds....

GM Names First Female CEO
 GM Names First Female CEO 
Dec 10, 2013 8:49 AM CST

GM Names First Female CEO

Mary Barra has been at company since she was a co-op student in 1980

(Newser) - In something of a surprise move, General Motors CEO Dan Akerson will announce his resignation today, and name Mary Barra as his successor, making her the first woman to pilot the auto giant, according to multiple reports. Barra started at GM as an engineering co-op student way back in 1980,...

US Government Sells GM Stake, Loses $10.5B

Treasury secretary says bailout saved a million jobs

(Newser) - The US government ended up losing $10.5 billion on its bailout of General Motors, but still says the alternative would have been much worse. Treasury Secretary Jacob Lew announced today that the government sold its remaining shares in the Detroit automaker. The government received 912 million GM shares, or...

GM Working on Its Own Answer to Tesla
GM Working on Its Own Answer to Tesla
Sep 17, 2013 10:54 AM CDT

GM Working on Its Own Answer to Tesla

Technology is there, but expensive batteries are an issue

(Newser) - General Motors is working on an electric car with a range of 200 miles, a feat so far matched only by the Tesla Model S, officials tell the Wall Street Journal . And unlike its critically acclaimed competition, the GM model would come with a more affordable $30,000 price tag,...

Uncle Sam Will Lose Money on GM Bailout

Current stock prices show $11B loss

(Newser) - Hoping Uncle Sam will break even on the General Motors bailout? You might just have to keep on hoping. GM stock needs to sell at $95.51 per share for that to happen and that's three times the current price—even after a 25% climb this year— NBC News...

GM, Ford Join Forces to Build Better Transmission

But they say collaboration won't compromise the 'DNA' of either brand

(Newser) - Ford and GM are setting aside their rivalry to jointly develop a new generation of more fuel-efficient transmissions, the companies revealed today. The companies have actually been working on the technology in secret for a while, the Detroit Free Press reports, but they've now decided to make it public....

N. Korea Loads Missiles, Hides Launchers: Report

Observers fear surprise launch: Yonhap

(Newser) - North Korea has installed two medium-range missiles on mobile launchers hidden close to its east coast, Yonhap News reports by way of South Korean military sources. One senior official describes them as Musudan missiles , which Yonhap notes were debuted in October 2010 and are believed to have a 1,865-mile...

Griping About Work Online Is (Mostly) Protected

Employees have a right to band together, say recent rulings

(Newser) - Companies have been overstepping their authority by restricting workers' online comments, say federal officials who are moving to fix the issue. Labor regulators have deemed some firings over social-network discussions illegal, arguing that companies' rules regarding online speech are far too broad, the New York Times reports. A lot of...

Bad Shifter Forces GM Recall
 Bad Shifter Forces GM Recall 
Jan 4, 2013 10:19 AM CST

Bad Shifter Forces GM Recall

Problem affects one in 1K vehicles, requiring new steering column

(Newser) - General Motors is recalling nearly 55,000 pickup trucks, SUVs, and vans because they can roll away unexpectedly. The recall affects certain 2013 models of the Chevrolet Silverado, Suburban, Tahoe, Avalanche, and Express. Also included are the GMC Sierra, Savana, and Yukon, as well as the Cadillac Escalade.

GM to Buy Back 200M Shares From Treasury

Move could speed up US exit from company

(Newser) - General Motors will spend $5.5 billion to buy back 200 million of its own stock from the US government in the next two weeks, accelerating Uncle Sam's exit from the automaker, the company announced today. GM will pay $27.50 a share, a 7.9% premium on yesterday'...

Owners Love Their Volts, but $40K Is Still Too Much

It's a 'marvel,' but it will take years to recoup investment: Joann Muller

(Newser) - Owners of Chevy Volts love their cars, as a new Consumer Reports survey makes clear. It's No. 1 in terms of owner satisfaction for the second straight year, with 92% saying they would buy one again, reports NBC News . "The Volt is indeed an engineering marvel," writes...

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