In the latest tally released by the General Motors Ignition Compensation Claims Resolution Facility, the number of cases offered compensation for fatalities has risen to 74 people. There have also been 126 injuries linked to the automaker's faulty part.
The UAW is preparing its negotiation position with carmakers later this year. Its primary objective will be the elimination of the two-tier wage system created in 2007 to help the automakers through bankruptcy, but that position "is a non-starter" for the car companies.
Trademark filings are the tea leaves of the auto industry. Read them carefully – and interpret them correctly – and you might be previewing an automaker's future product plans. Here's a list of 10 we want to see go from paperwork to production reality.
An editorial in the Harvard Business Review heavily criticizes GM for bowing to a group of activist investors and buying back $8 billion in stock. The piece rails against the idea of these buybacks in general.
General Motors is agreeing to a $5 billion stock buy-back and other provisions in exchange for Harry J. Wilson not running for a seat on its board. The compromise ends an attempt by activist investors to return even more money to shareholders.
BluepointLondon Takes Over Chargers; EDI Converts Pickups To PHEVs
Nissan and Endesa plan mass-market vehicle-to-grid offering Europe. Despite reports, BMW says Apple won't base its electric car on the i3. BluepointLondont is taking over EV charger management from Transport for London. EDI converts light-duty GM pickups to plug-in hybrids.
Ahead of autonomous vehicles, lightweighting, and hydrogen fuel cells, the MIT Technology Review puts vehicle-to-vehicle communications on its list of Ten Breakthrough Technologies of 2015. But with car hacking making more headlines more frequently, will V2V be just another way to for your car to be remotely commandeered?
General Motors received 33 more claims to its ignition-switch claim facility this week, which pushed the total to 4,345. The number of accepted cases increased by eight, including one fatality and seven injuries.