Earnings at the carmaker General Motors (GM) have slumped because of costs related to its vehicle recalls.
Second-quarter net profits fell 85% from a year ago, to $190m (£112m), the company said.
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Showing posts with label defective ignition switches. Show all posts
Showing posts with label defective ignition switches. Show all posts
July 28, 2014
July 01, 2014
GM recalls 8.4 million more cars due to ignition defect
Embattled US car giant General Motors is recalling another 8.4 million cars - 7.6 million in the US.
June 18, 2014
GM safety crisis grows with recall of 3 million more cars for ignition issues
(Reuters) - General Motors Co GM.N recalled three million more cars for ignition switch issues on Monday, roughly doubling the number of GM vehicles with known switch problems in a crisis that has defined the automaker and new Chief Executive Mary Barra this year.
June 11, 2014
Two GM lawyers, quality control executive among those pushed out over switch
(Reuters) - Two product litigation attorneys and a quality control executive are among the 15 employees who have been forced out by General Motors Co (GM.N) over the company's poor handling of a defective ignition switch linked to at least 13 deaths, according to two people familiar with the decisions.
May 16, 2014
GM's recall total nears 13 million worldwide
General Motors has recalled another 3 million autos, bringing the troubled automaker's total for the year to 12.8 million worldwide.
April 17, 2014
GM asks bankruptcy judge for special protection to head off lawsuits
General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.
April 13, 2014
Documents show GM's sluggish response to deadly defect
(Reuters) - Documents made public on Friday by a U.S. House of Representatives committee provided fresh details on General Motors Co's awareness of problems surrounding ignition switches in millions of its cars - long before the Detroit automaker recalled the vehicles.
March 30, 2014
GM adds 824k small cars to ongoing recall
General Motors is adding 824,000 more cars to an ongoing recall over defective ignition switches that have caused some engines to shut off and to disable airbags.
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