GO
Loading...

Detroit

More

  • DETROIT/ WASHINGTON, June 18- Problems with vehicle ignition switches have drawn U.S. safety regulators to investigate a second Detroit automaker, Chrysler Group, even as General Motors Co Chief Executive Mary Barra was providing U.S. lawmakers on Wednesday with more details on GM's ongoing switch issues.

  • WASHINGTON, June 18- General Motors Co Chief Executive Mary Barra is returning to Capitol Hill on Wednesday to face intense questioning about whether the automaker has a grip on the safety crisis that has enveloped it this year, as recalls connected to ignition-switch issues continue to grow.

  • SAN FRANCISCO/ DETROIT, June 16- General Motors Co 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.

  • NEW YORK/ DETROIT, June 16- U.S. banks looking to get in on a booming market for financing new-car sales have run into a formidable competitor: the auto manufacturers themselves.

  • Detroit bankruptcy deal would limit pension cuts Sunday, 15 Jun 2014 | 12:48 PM ET
    People, mostly union and retired city workers, protest in front of the U.S. Courthouse, October 23, 2013, Detroit, Michigan.

    A tentative agreement between the city of Detroit and its largest union would limit pension cuts to 4.5 percent instead of the proposed 27 percent cuts.

  • Detroit, major union reach key contract agreement Saturday, 14 Jun 2014 | 6:30 AM ET
    Downtown Detroit.

    A settlement has been reached in Detroit's historic bankruptcy case over the treatment of unsecured limited-tax general obligation bonds.

  • The recall involves faulty air bag inflators supplied by Takata Corp and would follow a similar move this week by Toyota Motor Corp. The Honda recall should be announced by the end of June, according to the person who asked not to be identified.

  • These states are Nevada, Kansas, Iowa, Louisiana, Indiana, Florida, Connecticut, Arkansas, Illinois, Kentucky and New York, sources familiar with the probes told Reuters. GM has turned over thousands of emails and other documents to help in the probe, the Wall Street Journal reported earlier on Friday, citing sources.

  • DETROIT, June 13- U.S. safety regulators received a complaint about a Chevrolet Camaro driver accidentally shutting off the car with a knee more than a year before General Motors on Friday recalled half a million of the sports cars over the issue, which is similar to the defect linked to 13 deaths in older GM small cars.

  • Since early this year, the Detroit automaker has been enveloped in a scandal over why it took more than a decade to begin recalling low-cost Chevrolet Cobalts, Saturn Ions and other cars with the problems that were causing the vehicles to stall during operation. Attorney Preet Bharara's office had asked people to come for interviews.

  • The recall involves faulty air bag inflators supplied by Takata Corp and would follow a similar move this week by Toyota Motor Corp. The Honda recall should be announced by the end of June, according to the person who asked not to be identified.

  • DETROIT, June 13- In a product recall that echoes the one that has plunged General Motors Co into a safety crisis, the automaker on Friday said it will recall 511,528 current model Chevrolet Camaro cars, mainly in North America, to correct an issue with the ignition switch.

  • The fear of fraudulent financing at some storage depots in Qingdao port has prompted some banks and merchants to cut credit for financing deals or relocate metal to better-known warehousing firms, including some in South Korea and elsewhere that are part of the LME's vast system.

  • *Takata says more vehicles could be recalled. *7 million cars with Takata air bags recalled in last 5 years. TOKYO/ DETROIT, June 11- Takata Corp's safety crisis deepened on Wednesday after Toyota Motor Corp recalled almost 2.3 million vehicles globally, many for the second time, and the Japanese air bag maker warned that further fixes may be needed.

  • WASHINGTON, June 11- General Motors Co Chief Executive Mary Barra will testify on June 18 at a U.S. House of Representatives subcommittee hearing on the automaker's defective ignition switch that has been linked to at least 13 deaths, the subcommittee said on Wednesday.

  • DETROIT, June 11- U.S. safety regulators said on Wednesday that General Motors Co no longer has to pay a $7,000 daily fine for its failure to supply required documents about the defective ignition switch linked to at least 13 deaths.

  • DETROIT, June 10- The first 86 dealerships to relaunch the sporty Alfa Romeo brand in North America, most of them now selling Fiat cars, were announced on Tuesday by Fiat Chrysler Automobiles. It is the first time new Alfa models will be sold in North America since 1996..

  • DETROIT, June 10- General Motors Co plans no more employee dismissals relating to the company's handling of a defective ignition switch linked to at least 13 deaths, Chief Executive Mary Barra said on Tuesday.

  • DETROIT, June 10- General Motors Co Chief Executive Mary Barra said on Tuesday that no more employee dismissals were planned relating to the company's handling of a defective ignition switch linked to at least 13 deaths.

  • DETROIT, June 9- Two product litigation attorneys and a quality control executive are among the 15 employees who have been forced out by General Motors Co 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.