Days before Congress holds hearings on why it took General Motors so long to let millions of car owners know about a potentially deadly defect, the car company admitted more cars are affected and is recalling nearly one million more cars globally.
The ongoing investigation into General Motors' 1.6-million-car ignition recall continues to pick up steam, with most questions centering on what the company knew and when it knew it. On Tuesday, newly minted CEO Mary Barra held a press conference to directly address questions about GM's safety problems and their ramifications. In addition to public criticism and potential lawsuits, the business is facing multiple government examinations into how it handled the issue.
General Motors' problems with its recall of roughly 1.6-million vehicles continue to mount. Now that it has emerged that GM knew about the problem since at least 2004 but waited to recall vehicles until February 2014, regulators at the National Highway Traffic Safety Administration have begun a much deeper investigation. NHTSA has sent a 27-page survey to GM that includes 107 questions about the timeline of what led up to the recall, and it has until April 3 to reply.
While it may have had its fans, we have to say we don't much miss the roadster family which General Motors based on its Kappa platform. Sold alternately as the Pontiac Solstice, Saturn Sky, Opel GT and Daewoo G2X (depending largely on the market), the roadster as much about style as substance, and it was summarily discontinued in 2009 as GM's domestic brands faltered. But now a company in Spain has given the two-seat roadster a new lease on life.
Bob Lutz is now officially into the swing of being retired. The former General Motors Vice Chairman has been living the life of leisure since the end of April, but the company he helped steer through Chapter 11 took some time to honor the living automotive legend in a number of receptions held yesterday. Lutz took the occasion to hand out a little wisdom to his fellow workers by telling them not to be afraid to be an irritant or point out deficiencies in the company, saying the philosophy worked
In Wilmington, Delaware this morning, Governor Jack Markell was joined by Vice President Joe Biden and Henrik Fisker (seen at right) for the official announcement about the purchase of General Motors' closed plant there. Fisker will re-tool the plant to build a new, more affordable plug-in hybrid sedan to slot in below its more luxurious Karma. The goal is to have the model sell for under $40,000 after federal tax credits.
One of the many unfortunate casualties of General Motors' financial apocalypse is the loss of the Kappa platform, the small, rear-wheel drive architecture underpinning the Pontiac Solstice and Saturn Sky. With both of those brands being discontinued and no plans to migrate any models over to GM's surviving brands, the slow-selling roadsters will simply disappear within the next year.
Rumors from late last week have come home to roost, and as part of its restructuring efforts, General Motors has just announced that Pontiac will be "phased out by the end of 2010." GM will continue to build its accelerated viability plan around four brands: Chevrolet, Cadillac, Buick, and GMC.