GM was hit with a lawsuit from customers who said their vehicles lost value because of ignition problems that prompted a recall of 1.6 million cars.» Read More
Engineers at GM found a way to stop ignition switches from shutting off nine years ago, but made a "business decision" not to order the partial fix, NBC News reports.
CNBC's David Faber and Jim Cramer discusses claims made by The Center for Auto Safety that an airbag failure in recalled GM vehicles resulted in more than 300 deaths and how long it could take for the automaker's stock to recover.
General Motors is facing increasing pressure to compensate victims for an ignition defect that prompted the recall of 1.6 million vehicles.
NEW YORK, March 13- General Motors Co is facing increasing pressure to compensate victims for an ignition defect that prompted the recall of 1.6 million vehicles, even if some would-be plaintiffs are barred from suing the auto maker under the terms of its emergence from bankruptcy in 2009..
Transportation Secretary Anthony Foxx on Thursday promised an "aggressive investigation" into whether General Motors was slow to report to the federal government problems with ignition switches in its autos, which have led to 12 deaths.
General Motors CEO Mary Barra inherited the ignition switch recall investigations. Chris Malone, Fidelum Partners managing director, shares his opinions on the impact to the company long-term.
CNBC's Phil LeBeau reports on the multiple investigations taking place into General Motors' handling of its ignition switch recall.
Just how much does "headline risk" impact the company's fundamentals? Efraim Levy, S&P Capital IQ senior automotive industry analyst, is positive on the stock's future.
CNBC's Phil LeBeau reports U.S. Transportation Secretary Anthony Foxx spoke out about General Motors' handling of its ignition switch recall.
General Motors is facing multiple investigations into the handling of its ignition switch recall. FMHR traders Pete Najarian and Mike Murphy debate the play on this stock now.
CNBC's Phil LeBeau asked U.S. Transportation Secretary Anthony Foxx whether it's safe to drive General Motors vehicles. LeBeau provides insight on changes made to the timeline of the ignition key recall.
CNBC's Phil LeBeau discusses a Senate committee inquiry into the timing of the GM recall and the need for a next generation radar system to track aircrafts.
Jeffrey Sonnenfeld, Yale School of Management, shares his opinion on GM's recall mess. Sonnenfeld says you cannot place any of the blame at the feet of new CEO Mary Barra.
General Motors is changing its recall timeline and telling car owners to have nothing on their key chains other than the fab and key, reports CNBC's Phil LeBeau on the latest details in the GMs recall.
The automaker may have known about ignition problems before 2004, reports CNBC's Phil LeBeau on the latest detail of the investigation.
CNBC's Phil LeBeau has the latest details on General Motor's ignition keys recall.
While product recalls are not uncommon, the FDA announcement comes amid a string of quality problems for Indian drug makers. And just last week, the FDA disclosed that products made by Sun Pharma and Ranbaxy Laboratories Ltd were being recalled.
*U.S. Senate announces its own probe of GM, NHTSA over recall. *Senate, House say criminal investigation could complicate their probes.
*Senate, House say criminal investigation could complicate their probes. DETROIT/ WASHINGTON, March 12- General Motors Co said on Wednesday that even after the vehicles in its ignition-switch recall are repaired, owners should avoid weighing down their key rings with anything more than the key and fob.
WASHINGTON, March 12- A U.S. Senate subcommittee plans to hold a hearing in April on General Motors' recall of malfunctioning cars blamed for multiple deaths, Senator Claire McCaskill said on Wednesday.