GM Says Recalls May Last Into Summer
GM CEO Mary Barra told members of Congress that the company cannot make ignition switches fast enough to keep up with demand in its recall of 2.6 million small cars.
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GM CEO Mary Barra told members of Congress that the company cannot make ignition switches fast enough to keep up with demand in its recall of 2.6 million small cars.
The probe covers about 110,000 Ram 2500 and 3500 pickups made by Chrysler from the 2004 through 2006 model years.
The recall covers Forenza and Reno models -- both of which were made for Suzuki by General Motors.
Toyota issued three separate recalls affecting minivans, SUVs and sedans.
General Motors CEO Mary Barra has told Washington lawmakers that GM could simultaneously release an internal investigation into a deadly ignition switch problem and its plan to compensate victims.
Marchionne says big issue will be dealing with two-tier wage system.
The recall is General Motors' 29th this year, bringing the total number of recalled GM vehicles in the U.S. to around 13.8 million.
GM took a $1.3 billion charge against its earnings to pay for recalls announced in the first quarter.
"It is going to be, what I'm describing as the most extreme, real world, performance muscle car ever built," said Dodge brand CEO Tim Kuniskis.
The affected vehicles were built between Jan. 3, 2011, and Dec. 23, 2013.
GM faces issues both in the near-term and longer term related to the recall. Here's a breakdown.
Here's an unsettling fact about cars equipped with air bags: They don't always deploy when drivers - or regulators - expect them to.
U.S. Secretary of Transportation Anthony Foxx and the National Highway Traffic Safety Administration's Acting Administrator David Friedman are holding a press conference.
GM has now recalled more than 11 million vehicles this year. Will take $200 million charge against second quarter earnings.
Loss on books $690 million. Not counting one time charges, Chrysler earned $486 million