Three years after General Motors recalled millions of cars that contained a ignition switch defect that was ultimately linked to more than 120 deaths, the carmaker is finally closing another chapter of the saga. The company will pay $120 million to resolve allegations that it failed to disclose the safety defect in a timely manner. [More]
general motors
GM, States Reach $120M Settlement Over Claims It Kept Ignition Switch Defect Under Wraps
By 10.19.17
Why Hurricane Harvey Was Good News For Car Companies
By 10.3.17
Hurricane Harvey wreaked havoc across swaths of Texas and Louisiana, damaging billions of dollars’ worth of property in its path. That includes cars, many of which needed to be replaced, resulting in a bittersweet sales boost for a number of automakers. [More]
GM Jumping On Zero Emissions Bandwagon With “All-Electric” Plans
By 10.2.17
A few weeks after Volkswagen said it’s planning on eventually offering electric versions of all the cars it makes, General Motors announced today that it’s jumping on the zero-emissions bandwagon with the goal of an “all-electric” future. [More]
GM Recalls Nearly 700,000 Silverado, Sierra Trucks Because Losing Steering Isn’t Normal
By 8.7.17
While turning the corner to your neighborhood, the last thing you want to do is lose control of your giant truck — which could be very dangerous. Yet, that could be a possibility for nearly 700,000 General Motors vehicles now being recalled. [More]
Owners Of Duramax-Engine Trucks Accuse GM Of Using Emissions-Cheating Devices
By 5.25.17
Add General Motors to the growing list of carmakers accused of using so-called “defeat devices” to skirt federal emissions standards. Owners of GM trucks with Duramax diesel engines say the car company has been using secretly installed software to cheat on these tests — and boost sales — for more than five years. [More]
Supreme Court: General Motors Can’t Use Bankruptcy To Avoid Lawsuits Over Deadly Ignition Defect
By 4.24.17 — Updated: 5.9.17
The Supreme Court has denied General Motors’ legal efforts to use its 2009 bankruptcy to block lawsuits over injuries and financial losses related to the carmaker’s long-ignored ignition switch defect. [More]
Chrysler Deletes Its Dating Apps, Decides To Remain Single For Now
By 4.14.17
They say you can’t have a healthy relationship until you’re happy with yourself. That appears to be the new mantra for Fiat Chrysler: After several attempts to woo General Motors and more recently Volkswagen, the carmaker’s top executive says he plans to ditch his lovelorn ways to concentrate on his company’s bottom line. [More]
Volkswagen Not Yet Saying No To Idea Of Chrysler Merger
By 3.14.17
While poor Fiat Chrysler is busy hopelessly playing the Duckie to General Motors’ Andie Walsh (What — you’re not Pretty In Pink fans? Monsters), there might be another potential prom date in FCA’s future: Volkswagen. [More]
Fiat Chrysler Still Pining Away For A Merger Marriage With GM
By 3.8.17
Fiat Chrysler’s one-sided love affair with General Motors goes back nearly two years, when CEO Sergio Marchionne declared he wanted to hug the rival carmaker so hard they just became one. Despite this, GM has resisted any notion of a merger deal, and no matter how many times GM swipes left on FCA’s Tinder profile, FCA keeps holding out hope for wedded bliss. [More]
General Motors To Pay $1M Over Ignition Switch Accounting Issues
By 1.18.17
General Motors’ years-long ignition switch debacle has cost the carmaker billions of dollars in penalties, settlements, and compensation. Today, the Securities and Exchange Commission added $1 million to the hefty tab. [More]
Settlements Allow Auto Dealers To Continue Selling Unrepaired Recalled Vehicles As “Safe”
By 12.16.16
If you bought a used car from a dealership that proudly claims to put each vehicle through “125-point” or “172-point” inspections, you might assume that your vehicle is safe to drive and that it isn’t under recall for a potentially deadly defect. However, a number of big names in used cars — including CarMax and General Motors — have recently entered into settlements with federal regulators that could allow used car dealers to continue marketing their vehicles as safe even while they may have unrepaired defects. [More]
Why GM Is Okay Losing Money On The Electric Chevy Bolt
By 11.30.16
When it comes to electric vehicles, consumers have to be willing to spend a pretty penny in order to reduce their emissions. But it’s not just car owners that are shelling out for more environmentally friendly rides, carmakers are too: on top of the cost to create, test, and manufacture the vehicles, companies, like General Motors, are regularly taking a hit when it comes to putting keys in customers’ hands. But why? [More]
General Motors Laying Off 2,000 Employees In Response To Lower Sedan Sales
By 11.9.16
General Motors announced this morning that it will permanently lay off nearly 2,100 U.S. auto workers in the coming months. Why? Apparently because drivers are buying fewer smaller cars. [More]
Toyota Latest Carmaker To Invest In Car-Sharing Company
By 10.28.16
Following in the footsteps of rival carmakers BMW and General Motors, Toyota dipped its tires into the sharing game on Friday, announcing an investment in car-sharing company Getaround. [More]
GM President: You Won’t Have Your Own Self-Driving Car Right Away
By 10.10.16
People looking ahead to the future of automobiles realize that car ownership might not work the same way in the near future as car ownership now. Cars with semi-autonomous features like emergency braking and adaptive cruise control are common, and autonomous cars and trucks will available to the public soon. You’ll just be hailing one before you buy one, at least if you want a car from General Motors. [More]
GM Offers To Buy Out 40% Of Cadillac Dealers
By 9.23.16
If there are fewer places around where you can buy a Cadillac, will that make the brand seem more luxurious and precious? That’s not really why General Motors has offered to buy out the franchises of 400 of its dealers that sell Cadillacs, but maybe it will help make the brand seem more exclusive, like its weird brand experience café/art gallery in Manhattan. [More]
Fiat Chrysler Recalls 1.9M Cars Over Airbag Issues Linked To Three Deaths
By 9.16.16
Following the deaths of three people and injuries to at least five others, Fiat Chrysler has recalled 1.9 million vehicles over an alleged airbag defect. [More]
GM Recalling 3.6M Cars For Airbag Issue Linked To One Death, Several Injuries
By 9.9.16
Following the death of one person and the injuries of three others, General Motors has recalled more than 3.6 million vehicles over a software issue that could prevent the front airbags from deploying when needed. [More]
