U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers.
GM is telling customers to park the SUVs outdoors because they could catch fire when left unattended.
The probe was opened over an April 2011 car crash that severely injured an elderly man when the passenger air bags didn’t deploy.
General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
Lawmakers put Barra on the spot, telling the CEO she should have fired GM’s corporate counsel, Michael Millikin, based on the conclusions of an internal report.
Woman pleaded guilty in a 2004 car crash that killed her fiance; new evidence suggests a faulty ignition switch in her 2004 Saturn Ion was to blame
Seasonally Adjusted Annual Sales Rate hits 17 million for the first time since 2007, as customers ignore recall news.
General Motors is recalling at least 7.6 million more vehicles dating back to 1997 to fix faulty ignition switches as the company’s safety crisis continues to grow.
GM CEO Mary Barra says 15 employees — many of them senior legal and engineering executives — have been forced out of the company
General Motors recalled a small number of Pontiac G6 midsize cars to fix a faulty brake light system in 2009, yet waited more than five years to call back over 2 million other cars with the same system.