General Motors is giving CEO Mary Barra, president Dan Ammann and product development boss Mark Reuss even more shares in the automaker in 2015 under the company's long-term incentive plan. Barra's stock could be worth around $3 million.
The final winner of Motor Trend's prestigious Golden Calipers has been named, with the 2015 Chevrolet Colorado taking the title of 2015 Truck of the Year, likely shocking those who thought Ford's all-aluminum, next-generation F-150 would take the crown.
Complain loudly enough online about quality problems in your General Motors vehicle, and it might be noted by the automaker. Or you might get a call from CEO Mary Barra for feedback on the company. The strategy is part of a new initiative from the automaker to be more proactive about fixing small issues before they grow into a year like 2014, with over 26-million recalled autos from GM in the US.
National Women's History Museum Had Intended To Honor CEO
UPDATE: Earlier today, it was unclear whether Mary Barra had recused herself from the upcoming National Women's History Museum awards ceremony or if museum officials had rescinded her invitation. Both General Motors and a museum spokesperson now say the decision was made by Barra and GM.
Investigations into the General Motors ignition switch recall continue on Capitol Hill this week, as two of the central figures in the legal nightmare testified before a congressional hearing for the first time.
New documents have revealed that a current General Motors vice president, Doug Parks, was aware of the ignition switch problems on the Chevrolet Cobalt as early as 2005. At the time, Parks, whom Bloomberg called a "confidante" of CEO Mary Barra and an integral part of GM's product development team, was the chief engineer on the Cobalt and Saturn Ion. Congressional investigators uncovered the documents, which include an email from Parks and meeting attendance lists for the ignition switch problem
The first time time General Motors CEO Mary Barra went to Washington to answer Congress' questions about the Chevrolet Cobalt ignition switch situation, everyone walked away light on answers and heavy on parody, more parody and yet more parody. Barra explained that she was waiting for the results of a months-long internal GM investigation headed by ex-US Attorney Anton Valukas before going into more detail. Now that the report is out – and already being assailed – Barra will head bac
Have you heard of HBO's newest news show, Last Week Tonight? It stars The Daily Show veteran John Oliver, who, every Sunday night, skewers the previous week's events. If you haven't yet, it really is worth a watch.
Automaker Also Agrees To 'Unprecedented Oversight' By NHTSA
General Motors has agreed to a $35-million fine levied by the National Highway Traffic Safety Administration following its delayed reporting of the deadly ignition switch problem that has affected millions of the company's vehicles.
When Warren Buffett, one of the richest and most successful men on the planet, endorses the work you're doing, well, praise doesn't get much higher than that. In the case of embattled General Motors' CEO Mary Barra, we're sure Buffett's approval of her handling of the ignition switch recall is a nice change from the public criticism she's received since the scandal erupted.
General Motors CEO Mary Barra has undergone an uneviable trial by fire in her first months leading the company. Even before she officially took over, she was under scrutiny for being the first woman ever to head a Detroit automaker. Then the ignition switch recall debacle began rolling out that eventually led to a Congressional hearing and multiple lawsuits against the business. Time Magazine is acknowledging Barra by naming her one of its "100 Most Influential People" for 2014, and Barra is eve
The ignition-switch recall that has re-focused us on the alleged sins of the Old General Motors continues to reshape the New GM. Company CEO Mary Barra recently announced the creation of the Global Product Integrity Organization, headed by Mark Reuss and charged with taking the lead on safety issues concerning new product. Now, effective immediately, GM has split its vehicle engineering division into a Global Product Integrity side and a Global Components and Subsystems side that will "improve q