July 2, 2014
- The legal morass surrounding General Motors continues to get deeper, the DA of California's populous Orange County filing a new lawsuit accusing GM of hiding defects and engaging in false advertising and unfair competition. TheDetroitBureau.com has the story.
- General Motors has released a teaser for a new Buick crossover set to debut in China later this year, most likely at the 2014 Guangzhou Auto Show in November. The new crossover is called the Envision, a name General Motors Company [NYSE:GM] used for a concept version unveiled back in 2011, and it will sit between the Encore and Enclave in Buick's...
July 1, 2014
- Overall June was another stellar month for U.S. automakers, General Motors faced positives and negatives. The automaker’s sweeping recalls managed to divert attention away from the troubles at Cadillac and its flat sales, to post a 1% overall increase. Most other automakers saw sales jumps too. To get the details, go to TheDetroitBureau.com.
- George Talley appeared flabbergasted Tuesday morning in downtown Detroit. For the first time in 33 years, the 71-year-old Vietnam veteran started his 1979 Chevrolet Corvette, which was stolen from him along Detroit's Jefferson Avenue in 1981.
- With motorists facing new worries over rising gasoline prices, sales of fuel-efficient passenger cars perked up in June, while General Motors Co. surprised some observers by posting a modest 1% sales increase despite its ongoing recall crisis. More from TheDetroitBureau.com.
- General Motors Co. today announced its best June U.S. sales in seven years. The Detroit-based automaker reports it sold roughly 267,500 vehicles in June, up 1 percent from a year ago and GM's best June performance since 2007.
- General Motors isn’t the only automaker watching its recall count rise fast, Chrysler saying it will also take action to fix nearly 700,000 faulty minivans and SUVs. The announcement capped one of the industry's worst months - from a recall standpoint -- ever, reports TheDetroitBureau.com.
- There appears to be no end in sight when it comes to General Motors Co.'s unprecedented recall efforts being spearheaded by CEO Mary Barra. With Monday's announcement of six new recall campaigns of 8.4 million vehicles globally, including 7.6 million in the U.S., the Detroit-based automaker has recalled more vehicles than the entire U.S. industry combined last year and, with six months left, could break the 2004 industry record of 30.8 million vehicles recalled by itself.
June 30, 2014
- Hours after the details of a new compensation program was announced for victims of an ignition switch defect, General Motors has revealed it will stage another six separate recalls covering 7.6 million vehicles sold in the U.S. GM has recalled nearly 26 million vehicles this year, according to a story at TheDetroitBureau.com.
- With the recall of 8.45 million vehicles today, General Motors helped U.S. automakers secure a record none of them want to be part of: vehicles recalled in one year. Worse than beating the record is that it only took six months to do it. The new record is now 39.85 vehicles eclipsing the old mark of 33.01 million. For details, go to TheDetroitBureau.com.
- General Motors Co.'s ignition switch troubles continue to escalate. The Detroit-based automaker today announced six new recall campaigns covering 8.4 million vehicles globally, including two recalls of 8.2 million due to "unintended ignition key rotation."
- Does the game of good cop/bad cop still work in Detroit? What happens when the bad cop (General Motors) keeps making bad decisions, and the good cop (Chevrolet) has no authority and no voice of its own? Check out this Op-Ed piece on TheDetroitBureau.com.
- There will be no limit to the amount of money available for a new victims’ compensation program set up to cover those injured or killed due to crashes caused by the faulty ignition switches in General Motors vehicles, announced Kenneth Feinberg, the program’s czar. Payments, reports TheDetroitBureau.com, could go into the millions.
- General Motors Co.'s compensation fund for those impacted by faulty ignition switches will be widespread and potentially cost billions. There will be no cap on the program and everyone that can show they were injured as a result of the faulty parts – from pedestrians and those in other vehicles to drivers and passengers – are eligible for the program, which compensation attorney Kenneth Feinberg announced Monday morning.
- When General Motors formally unveils the victims’ compensation fund later today, it’s expected to give a free hand to the administrator who will have to decide on how to pay out to those involved in crashes linked to the maker’s faulty ignition switches. That could mean $1 billion or more in payouts, reports TheDetroitBureau.com.