The U.S. Treasury Department signed off on General Motors Co. pay packages that broke a pledge to cap cash salaries at $500,000 in most cases at companies bailed out by the federal government, according to a watchdog report.
Read More »Probe concludes safety agency missed warning signs on GM defect
The U.S. agency that tracks vehicle safety defects didn’t recognize a pattern of air bag failures in General Motors Co. cars that would later be linked to flawed ignition switch design, congressional investigators concluded.
Read More »U.S. failed to investigate GM even as defect data abounded
U.S. regulators looking into General Motors Co.’s Chevrolet Cobalt noticed a surprising statistic: warranty claims over the car’s air bags were four times higher than for competing vehicles.
Tagged with: General Motors
Read More »GM hearings revive debate on tougher penalties for automakers
Higher fines and jail time are being considered by U.S. lawmakers who grilled General Motors Co. Chief Executive Officer Mary Barra over why it took years to recall 2.6 million cars for faulty ignition switches.
Tagged with: General Motors Corp.
Read More »U.S. knew of GM ignition-switch flaw 7 years before recall
U.S. auto-safety regulators didn’t start a defect probe into failures that prompted this month’s recall of almost 800,000 General Motors Co. cars after learning of them seven years ago.
Tagged with: General Motors
Read More »Tough-to-kill New York buses drive past law’s loopholes
New York Party Shuttle was told to stop running buses in 2011 after failing a safety audit.
Read More »Kraft leads push for 97,000-pound trucks
Emboldened by U.S. legislation allowing Maine and Vermont to keep 97,000-pound trucks rumbling on their interstate highways, Kraft Foods Inc. and Home Depot Inc. are pressing more states to follow.
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