General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
Lawmakers put Barra on the spot, telling the CEO she should have fired GM’s corporate counsel, Michael Millikin, based on the conclusions of an internal report.
Seasonally Adjusted Annual Sales Rate hits 17 million for the first time since 2007, as customers ignore recall news.
General Motors is recalling at least 7.6 million more vehicles dating back to 1997 to fix faulty ignition switches as the company’s safety crisis continues to grow.
GM CEO Mary Barra says 15 employees — many of them senior legal and engineering executives — have been forced out of the company
General Motors recalled a small number of Pontiac G6 midsize cars to fix a faulty brake light system in 2009, yet waited more than five years to call back over 2 million other cars with the same system.
General Motors CEO Mary Barra has told Washington lawmakers that GM could simultaneously release an internal investigation into a deadly ignition switch problem and its plan to compensate victims.
U.S. Secretary of Transportation Anthony Foxx and the National Highway Traffic Safety Administration’s Acting Administrator David Friedman are holding a press conference.
GM is on track to break the American automaker record for the most recalls in a single year, ever.
One day after the Department of Transportation refused to order GM to pull recalled vehicles off the road, the auto company has released a video showing tests they’ve done on the recalled vehicles.