CEO Mary Barra Wants GM To Develop A New Attitude
"I want it understood that they day of GM being a polite competitor is over," Barra tells the Detroit Economic Club.
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"I want it understood that they day of GM being a polite competitor is over," Barra tells the Detroit Economic Club.
General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
Lawmakers put Barra on the spot, telling the CEO she should have fired GM's corporate counsel, Michael Millikin, based on the conclusions of an internal report.
GM CEO Mary Barra says 15 employees — many of them senior legal and engineering executives — have been forced out of the company
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.
U.S. Secretary of Transportation Anthony Foxx and the National Highway Traffic Safety Administration's Acting Administrator David Friedman are holding a press conference.
The piece needed to fix a defective ignition switch linked to 13 traffic deaths would have cost just 57 cents, according to documents submitted by General Motors to lawmakers.
The recall extends to all model years of the Chevrolet Cobalt, HHR, Pontiac G5, Solstice and Saturn Ion and Sky models in the U.S.
