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  • GM to take $300m charge as it announces fresh recalls

    U.S. car manufacturer General Motors (GM) expects to spend nearly $300m (£180m) in the first quarter to repair vehicles affected by its recent recalls.

    The firm set aside the amount on Monday as it announced three separate recalls affecting nearly 1.5 million vehicles.

    That follows the 1.6 million vehicles it called back last month over faulty ignition switches.

    GM is facing an investigation over its handling of the recall over the faulty switches which can disable airbags.


    More: http://www.bbc.com/news/business-26588659

  • #2
    GM appoints Jeff Boyer as vehicle safety chief

    US car manufacturer General Motors (GM) has created a new senior post to oversee vehicle safety and recalls.

    It has appointed Jeff Boyer, who has spent nearly 40 years at GM, as the global vehicle safety chief.

    The move comes as the firm faces investigations over its handling of a recall to fix faulty ignition switches.

    GM issued the recall, which affects 1.6 million vehicles, last month, but has admitted employees knew about the problem as early as 2004.

    More: http://www.bbc.com/news/business-26620717

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    • #3
      General Motors is adding 824,000 more cars to an ongoing recall over defective ignition switches that have caused some engines to shut off and to disable airbags.

      The U.S. car maker said it was recalling a variety of models made 2008-11, in addition to 1.6m cars made before 2007 that were recalled last month. GM said it was unaware of deaths caused by the flaw in the 2008-11 models. But the problem has been linked to between 12 and 303 deaths in crashes.


      More: http://www.bbc.com/news/business-26792004

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      • #4
        GM recall: 10 things you need to know

        The General Motors recall that began in February has now grown to nearly 2.2 million vehicles in the U.S.

        That major recall combined with others means General Motors has announced recalls of nearly 4.8 million vehicles so far this year.

        As the company's new CEO Mary Barra prepares to testify on the recall before Congress this week, new details and questions continue to emerge.
        Here's what we know so far:


        More: http://money.cnn.com/2014/03/30/auto....html?iid=Lead

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        • #5
          Documents show GM's sluggish response to deadly defect

          Documents made public on Friday by a U.S. House of Representatives committee provided fresh details on General Motors Co's awareness of problems surrounding ignition switches in millions of its cars - long before the Detroit automaker recalled the vehicles.

          These documents also show that federal regulators were concerned that GM dragged its heels on safety measures at a time when ignition-switch failures in some of its smaller vehicles were being linked to deaths that now total 13.

          A top official with the National Highway Traffic Safety Administration told General Motors in a July 2013 email that the automaker was "slow to communicate, slow to act" on defects and recalls.


          More: http://www.reuters.com/article/2014/...A3A1MH20140411

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          • #6
            GM recalls nearly 52,000 SUVs for inaccurate fuel gauge

            General Motors Co (GM.N) is recalling 51,640 Buick Enclave, Chevrolet Traverse and GMC Acadia SUVs of the 2014 model year because faulty software may cause the fuel gauge to read inaccurately, U.S. regulators said on Saturday.

            "An inaccurate fuel gauge may result in the vehicle unexpectedly running out of fuel and stalling, increasing the risk of a crash," the National Highway Traffic Safety Administration (NHTSA) said on its website.

            GM said in a letter to NHTSA the fuel gauge reading could be off by as much as one-quarter of a tank. To fix the problem, GM dealers will reprogram the vehicles' engine control modules.


            More: http://www.reuters.com/article/2014/...A4209C20140503

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            • #7
              General Motors fined $35m over recall

              US car manufacturer General Motors has been fined $35m(£20.8m) for delays in recalling small cars with faulty ignition switches.

              The fine is the maximum allowed by US law.

              GM said it had already begun reviewing its processes and policies to avoid future delays to recalls of this nature.

              To date, the firm has recalled 2.6 million cars with the defective switch, which has been linked to 13 deaths.


              More: http://www.bbc.com/news/business-27442448

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              • #8
                GM recalls more cars over ignition concerns

                General Motors (GM) has recalled more than 500,000 Chevrolet Camaro cars, mostly in North America, after finding a fault with the ignition system.

                The car manufacturer said a driver's knee could bump the key fob and turn it out of the "run" position, causing a loss of power.

                GM said the fault had led to three crashes, causing four "minor" injuries.

                In March, GM recalled 2.6 million small cars because of a faulty ignition switch linked to 13 deaths.


                More: http://www.bbc.com/news/business-27834704

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                • #9
                  GM safety crisis grows with recall of 3 million more cars for ignition issues

                  General Motors Co GM.N recalled three million more cars for ignition switch issues on Monday, roughly doubling the number of GM vehicles with known switch problems in a crisis that has defined the automaker and new Chief Executive Mary Barra this year.

                  GM on Monday recalled 3.36 million midsize and fullsize cars globally with ignition switches that can be jarred out of the "run" position, potentially affecting power steering, power brakes and air bags.

                  The switch issue is similar to the defect linked to at least 13 deaths in an earlier, 2.6-million vehicle recall of Chevrolet Cobalts and other small cars.


                  More: http://www.reuters.com/article/2014/...0ER2Q220140617

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                  • #10
                    GM prepares to recall some Cruze sedans with Takata air bags

                    General Motors Co is preparing to recall about 33,000 Chevrolet Cruze sedans with potentially defective air bags made by troubled Japanese supplier Takata Corp, the automaker said late Wednesday.

                    In a crash, the driver-side air bag on the 2013-2014 Cruze could fail to inflate, GM said.

                    The issue is not directly related to other problems with Takata air bags that have led to the recall of about 10.5 million vehicles worldwide, many of them made by Honda Motor Co and Toyota Motor Corp, including 3 million earlier this week.


                    More: http://www.reuters.com/article/2014/...0F02W020140626

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                    • #11
                      GM recalls thousands of new pickups, SUVs, in U.S. and Canada

                      General Motors Co (GM.N) announced on Friday that it would recall 428,211 more vehicles in the United States, including new four-wheel drive pickups and SUVs with a software problem that could cause the vehicles to automatically switch to neutral and roll away while parked.

                      The software problem affects the four-wheel-drive versions of the 2014-2015 Chevrolet Silverado and GMC Sierra; the 2015 Chevrolet Tahoe and Suburban; and the 2015 GMC Yukon and Yukon XL. GM said dealers will recalibrate transfer case control module software in 392,459 full-size pickup trucks and SUVs in the United States and 53,607 in Canada.


                      More: http://www.reuters.com/article/2014/...0F300120140628

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                      • #12
                        GM will pay 'whatever it costs' to compensate ignition switch victims

                        The man tasked with handling compensation for victims of faulty General Motors ignition switches says there's no limit to what the company might pay out, or how many victims might come forward.

                        "GM has basically said 'whatever it costs to fund all the aggregate claims, we'll pay it,'" Kenneth Feinberg said at a press conference on Monday.

                        One of America's leading compensation experts who stickhandled the $7 billion compensation plan for victims of the 9/11 attacks, Feinberg said he has been given carte blanche to get to the bottom of the company's growing scandal involving the recall of millions of small cars such as Chevrolet Cobalt and Saturn Ion with defective ignition switches that can cause the vehicles to turn off while in motion, and disengage safety features like steering and airbags.


                        More: http://www.cbc.ca/news/business/gm-w...tims-1.2691846

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                        • #13
                          General Motors hit with $3 billion lawsuit over recalls

                          \General Motors has been slugged with a $3 billion lawsuit by the state of Arizona in response to a record number of vehicle recalls linked to safety defects.

                          The court filing alleges the automaker intentionally misled consumers and that some of its leaders were complicit in the alleged misdeeds, according to a report in the New York Times.

                          The auto giant recalled 2.6 million vehicles this spring due to a faulty ignition switch. The switch can be inadvertently turned off while driving, disabling safety features such as power steering and airbags.
                          The faulty ignition switch has been linked to at least 33 deaths and many more injuries, according to attorney Kenneth Feinberg, who is overseeing compensation to victims for GM.


                          More: http://money.cnn.com/2014/11/20/news...html?iid=HP_LN

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                          • #14
                            General Motors issues three new recalls, cites ignition systems

                            General Motors Co (GM.N) began the new year by announcing three new vehicle recalls on Thursday, as the ignition switch crisis continued to dog the automaker after millions of vehicles were recalled in 2014.

                            No crashes or injuries were reported in the latest round of recalls involving 83,572 sport-utility vehicles and pickup trucks. GM expects that fewer than 500 will be affected by the defect, an ignition lock actuator with an outer diameter that exceeds specifications.

                            More: http://www.reuters.com/article/2015/...0KA1RZ20150102

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