Tag Archives: gm

GM Asks Courts for Protection Because It Technically Became a New Company in 2009

GM Asks Courts for Protection Because It Technically Became a New Company in 2009
As the pressure continues to mount for General Motors over its ignition switch recall, the company has asked a judge to delay action on the ignition lawsuits until a panel on multidistrict litigation rules whether the 30 cases can be combined and a bankruptcy court decides whether the claims violate GM’s 2009 bankruptcy order.

GM faced a Cadillac ignition switch issue in 2006

General Motors engineers reported accidentally turning off ignition switches in a Cadillac SRX with their knees more than eight years ago, and they ordered a similar fix to a similar problem in smaller, cheaper cars linked to 13 deaths, according to documents from parts maker Delphi Automotive.

GM sales eyed for impact of ignition switch recall

Mary Barra, CEO of General Motors, speaks at the 2014 Automotive Forum, Tuesday, April 15, 2014 in New York. The forum is sponsored by the National Automobile Dealers Association (NADA) and J.D. Power.(AP Photo/Mark Lennihan)

As General Motors shows off its newest cars and trucks in New York this week, analysts are watching for signs that consumers are shying away from the ones sitting on dealer lots.

Opel may break even before 2016

Opel may break even before 2016

General Motors’ money-losing European unit, Opel, may break even before its 2016 deadline, the Wall Street Journal reported, citing an interview with the brand’s CEO, Karl-Thomas Neumann.

GM slow to act on recalls, House documents show

FILE - In this April 1, 2014 file photo, General Motors CEO Mary Barra listens as she testifies before the House Energy and Commerce subcommittee on Oversight and Investigation on Capitol Hill in Washington. Documents from a House subcommittee show that Barra received an email about a steering problem in the Saturn Ion in October 2011 — more than two years before the car was recalled. That email message was not related to the safety defects and mishandled recall of 2.6 million small cars with a faulty ignition switch that's been linked to 13 deaths and dozens of crashes, which is the subject of the subcommittee investigation. (AP Photo/Evan Vucci, File)

Documents released by a House subcommittee show that managers and employees at General Motors were often slow to react to safety problems — and that one part of GM often didn’t know what another was doing.