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GM will take a $1.3 billion charge against first quarter profit, stemming from the massive vehicle recall that has battered GM for weeks.
General Motors CEO Mary Barra calls the move "an interim step as we seek the truth about what happened."
It says drivers may continue to use the vehicles, but should contact BMW immediately if they see an engine warning light.
Today's vehicles are generally better than ever—both in terms of initial defects and long-term reliability. So what's with all the recalls?
GM put two engineers on paid leave on Thursday, as an attorney investigates why the company took more than 10 years to recall millions of cars.
A study shows 20-year-old single men will pay higher premiums than a single woman his age, a married man his age and a married man five years older.
Transmission fluid leaks can cause engine fires. People who own the cars should contact their dealers.
A 5-star hotel will be built in a Ferrari theme park along with rides including the highest and fastest vertical accelerator in Europe.
Toyota Motor said on Wednesday it would recall 6.39 million vehicles globally for faults affecting various parts.
For the second year in a row, Ford has claimed the title of selling world's most popular car.
The US said that GM had not met an April 3 deadline to respond to the NHTSA's request for information about its recall.
Carfax estimates hundreds of thousands of GM cars recalled for faulty ignition switches will likely never be repaired.
Tesla rolls out a leasing program that allows small and medium-sized businesses to deduct Model S payments from business taxes.
GM's aging Chevrolet Equinox and GMC Terrain SUVs won top ratings in crash tests of SUVs by the Insurance Institute for Highway Safety.
A check of more than a dozen General Motors dealerships by NBC News on Monday revealed that no fixing of the vehicle ignition problem has begun.
Ford Motor said on Monday it would recall about 434,700 vehicles mainly in North America due to two separate and unrelated issues.
The first fully electric auto racing championship soon gets underway, as Formula E CEO Alejandro Agag tells CNBC.
General Motors will add 1,400 jobs in Michigan, including adding a second shift at a plant where it will built the redesigned Chevrolet Volt
The Alliance of Automobile Manufacturers and Tesla have petitioned to permit manufacturers to replace mirrors with digital cameras.
CEO Mary Barra told Congress that GM will provide free loaners for owners of recalled cars. But that news is hidden from consumers, lawyers say.