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GM profit plunges after recall costs

GM profit plunges after recall costs

Last Updated: Thursday, April 24, 2014, 19:25

General Motors, the largest US automaker, on Thursday reported first-quarter profits plunged 85 percent after a series of vehicle recalls.

Toyota sells record 10 mn vehicles in year to March

Toyota sells record 10 mn vehicles in year to March

Last Updated: Wednesday, April 23, 2014, 23:21

The announcement comes despite the firm struggling to recover its reputation for safety after the recall of millions of cars around the world for various problems.

Toyota sells record 10 million vehicles in year to March

Toyota sells record 10 million vehicles in year to March

Last Updated: Wednesday, April 23, 2014, 15:54

The announcement comes despite the firm struggling to recover its reputation for safety after the recall of millions of cars around the world for various problems.

GM seeks US court protection against ignition lawsuits

GM seeks US court protection against ignition lawsuits

Last Updated: Wednesday, April 23, 2014, 11:26

The faulty ignition switch has been linked to at least 13 deaths and the recall of 2.6 million GM vehicles.

GM head knew of steering problem in 2011: Documents

Last Updated: Saturday, April 12, 2014, 10:52

US lawmakers published an internal email, dated October 3, 2011, from a GM engineer to Barra, who at the time was head of product development at the largest US automaker.

Toyota Motors recalls 6.39 million vehicles worldwide

Last Updated: Wednesday, April 09, 2014, 17:34

Toyota on Wednesday recalled 6.39 million vehicles globally over a string of problems, dealing another blow to the world`s largest automaker whose reputation for quality and safety has been dented in recent years.

US fines GM for not answering recall questions

Last Updated: Wednesday, April 09, 2014, 10:59

The agency is probing why the automaker waited until February to order a recall despite first learning of the defect more than 10 years ago.

US judge refrains from making GM ''park'' recalled cars

Last Updated: Saturday, April 05, 2014, 12:08

A ruling on the requested "stop drive order" is expected in the coming days.

GM accused of `criminal` behavior over ignition fault

Last Updated: Thursday, April 03, 2014, 02:50

Senators accused General Motors of "criminal deception" over a decade-long ignition problem linked to 13 deaths, as the US automaker`s boss faced a second straight day of congressional anger Wednesday.

GM's actions on deadly defect ''unacceptable'': CEO Barra

Last Updated: Wednesday, April 02, 2014, 07:47

General Motors Co CEO Mary Barra on Tuesday called her company`s slow response to faulty ignition switches linked to at least 13 deaths "unacceptable," but could not give U.S. lawmakers many answers as to what went wrong.

GM avoided defective switch redesign in 2005 to save a dollar each

Last Updated: Wednesday, April 02, 2014, 07:43

General Motors Co in 2005 decided not to change an ignition switch eventually linked to the deaths of at least 13 people because it would have added about a dollar to the cost of each car, according to an internal GM document provided to U.S. congressional investigators.

GM chief Barra faces tough questions over recalls

Last Updated: Wednesday, April 02, 2014, 02:41

General Motors Chief Executive Mary Barra faces tough questioning in Congress over why the company ignored a faulty ignition problem for a decade despite numerous accident reports and 13 deaths.