DETROIT, June 5 (Reuters) – General Motors Co
dismissed several high-ranking executives, including at least
one vice president and two directors, for their roles in the
still-unfolding drama over deadly ignition switches in older GM
cars, people familiar with the matter told Reuters.
Michael Robinson, vice president for environmental,
sustainability and regulatory affairs; Gay Kent, general
director of vehicle safety and crashworthiness; and M. Carmen
Benavides, recently reassigned as director of product
investigations and safety regulations, were among 15 employees
dismissed from GM, according to the sources.
By Ben Klayman
WARREN Mich. (Reuters) – General Motors Co on Thursday issued a report detailing how for 11 years it turned a blind eye to an ignition-switch problem linked to at least 13 deaths but largely pinned the blame on what the report described as incompetent lower-level employees, leaving top brass untouched.
The report, which will be the subject of upcoming congressional hearings, describes shortcomings of GM engineers, including a failure to understand “how the car was built.” Meanwhile, according to the 325-page report, the highest levels of the company were not made aware.
By Ben Klayman
WARREN Mich. (Reuters) – General Motors Co (GM.N: Quote, Profile, Research) suffered from “incompetence and neglect” in dealing with a long-running ignition-switch defect in vehicles linked to at least 13 deaths, CEO Mary Barra said on Thursday, as she announced the creation of a fund to compensate victims.
Barra said 15 employees found to have “acted inappropriately” have been fired. She did not name individuals.
By Ben Klayman
WARREN Mich. (Reuters) – General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz) has found senior executives were not to blame for a delayed vehicle recall involving defective ignition switches linked to at least 13 deaths, a person familiar with the matter told Reuters on Thursday.
The report by the automaker on its internal probe also concludes that there was no concerted cover-up of the faulty parts and instead points to cultural failings at the company, according to the source, who is familiar with the contents of the report.
DETROIT (Reuters) – Tesla Motors Inc (TSLA.O: Quote, Profile, Research, Stock Buzz) is now looking at three sites, instead of two, to begin construction for its lithium-ion battery plant in the United States, Chief Executive Elon Musk said on Tuesday.
The leading U.S. electric car maker expects to trim from five the number of states from which it is choosing to build its battery plant, dubbed the “gigafactory,” but a decision on the final site will not come before year end.
Autodata’s annual sales rate for US auto industry in May was 16.77 mln vehicles, the highest since the same level was hit in Feb 2007
DETROIT (Reuters) – General Motors Co, Chrysler Group and Nissan Motor Co on Tuesday reported higher-than-expected U.S. new car sales in May, with consumer demand continuing to gather strength as temperatures rise across the country.
GM and Chrysler said May sales were the best in seven years, and Nissan set a sales record for the month.
DETROIT, June 3 (Reuters) – General Motors Co,
Chrysler Group and Nissan Motor Co on Tuesday
reported higher-than-expected U.S. new car sales in May, with
consumer demand continuing to gather strength as temperatures
rise across the country.
GM and Chrysler said May sales were the best in seven years,
and Nissan set a sales record for the month.
DETROIT, May 21 (Reuters) – General Motors Co is
recalling more than 218,000 older Chevrolet small cars in the
United States and its territories due to a potential fire
hazard, bringing U.S. recalls this year to 29 and a record
number of vehicles.
The recall, and a related smaller action, is the latest
announced by GM, the largest U.S. automaker. The recall with the
highest profile was of cars with defective ignition switches
linked to at least 13 deaths. The Detroit company has been
criticized by safety advocates and fined by U.S. safety
regulators for its delayed response in catching the faulty
DETROIT (Reuters) – General Motors Co said on Tuesday it is recalling another 2.42 million vehicles in the United States, raising the number of vehicles it has recalled so far this year to more than 15 million.
The No. 1 U.S. automaker also said it is doubling the charge it expects to take in the second quarter to about $400 million, mostly for recall-related repairs. GM did not immediately indicate whether vehicles outside the U.S. market were affected.