General Motors posted lower quarterly profit Thursday, following a massive recall due to defective ignition switches linked to at least 13 deaths.
GM says it is restructuring its engineering operations, following fallout from a defective ignition switch linked to at least 13 deaths.
Toyota is recalling 6.39 million vehicles globally for a variety of problems spanning nearly 30 models in Japan, the U.S., Europe and other places.
Owners of General Motors vehicles recalled for faulty ignition switches can have a free a loaner car until theirs is fixed, but why isn't the automaker telling them?
An ignition switch defect linked to deadly crashes and mounting recalls are raising anxiety in GM showrooms, according to dealers.
GM CEO Mary Barra endured a second day of harsh questioning from Congress, as lawmakers pressed her for answers on why the company waited a decade to recall defective cars.
The fix for a faulty ignition switch linked to 13 traffic deaths would have cost just 57 cents, members of Congress say, as they demand answers from GM's new CEO.
General Motors is recalling 1.3 million vehicles in the U.S. because the electronic power-steering assist can suddenly stop working.
After months of studying ignition-switch failures, GM canceled a proposed fix in 2005, when a project engineering manager cited high tooling costs and piece prices.
Consumer safety groups say NHTSA should have pressured GM to recall cars as early as 2007 to fix a defect involving faulty ignition switches deemed responsible for 13 deaths.
The U.S. congressional investigation into GM automobile defects will bring aggressive scrutiny to a company with powerful lobbying clout and strong ties on Capitol Hill.
GM CEO Mary Barra apologizes for the lives lost in accidents linked to an ignition defect and pledges an aggressive probe into why a recall took so long.
After more than a decade of ducking evidence of a serious safety problem with more than a million GM cars, the company's recently named CEO tries to get in front of the issue.
GM is recalling 1.55 million vehicles, citing concerns over brakes, seat belts and air bags, adding to the 1.6 million cars already recalled this year due.
GM's thorny auto recall, a price increase for Amazon Prime and an investigation into a short-term lender were among the big events in the business world this week.
The number of millionaires in the U.S. increased by 7 percent last year, raising the total number of millionaires to 9.6 million, a record high.
The death toll related to an ignition flaw in eight small car models that General Motors sold a decade ago is likely to climb, say lawyers and safety advocates.
GMs' own engineers were talking about the ignition switch defect in several models almost a decade before the carmaker announced plans last month to recall 1.6 million cars.
The criminal investigation that opened Wednesday into GM's handling of an ignition flaw linked to 13 deaths threatens to overshadow the company's turnaround.
A House panel will investigate the response of GM and U.S. regulators to consumer complaints about ignition-switch failures that are linked to at least 13 deaths.
GM has doubled to 1.6 million the number of small cars it is recalling to fix faulty ignition switches linked to multiple fatal crashes.
Usage-based auto insurance -- where your driving habits are tracked by a monitor installed in your car -- can save you a bundle on premiums. If you're a good driver, that is.
GM is recalling nearly 780,000 compact cars in North America because the engines can shut down unexpectedly, which has resulted in 22 crashes that have killed six people.
Many analysts were curious to see how Mary Barra would handle delivering bad news on her first earnings call as GM's CEO -- and they got a vintage dose of Barra being Barra.