General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
A former prosecutor has asked a Texas agency to pardon a woman who pleaded guilty in a 2004 car crash that killed her fiance but which her attorney says was caused by a faulty General Motors ignition switch.
The 2005 email, unearthed in April during a company wide review of ignition-switch problems, is more evidence that GM knew about safety problems for years but failed to recall troubled cars until recently.
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.
When Kenneth Feinberg announces the terms of General Motors’ plan to pay victims of crashes caused by bad ignition switches, he’ll have an open wallet.
General Motors is recalling 3.2 million more cars in the U.S. because of ignition switch problems.
A North Texas woman, who pleaded guilty to a criminal charge in a 2004 car crash that killed her fiance, is suing General Motors Co.
Good weather and a strong Memorial Day weekend helped car buyers ignore reports of recalls, pushing car and truck sales up more than ten percent in May.
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.
For the second day in a row General Motors is recalling vehicles because of safety concerns. The latest recall includes 218,000 Chevy Aveo’s. GM says the vehicles can catch on fire due to a faulty part in the vehicles headlights.