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GM CEO Barra says mergers are a no go

GM CEO Barra says mergers are a no go

General Motors is writing out the possibility of a merger or acquisition, even as the automotive industry is faced with upcoming evolutions that might change its face forever and certain rivals have called for further consolidation. Just last week, merger-guru Fiat Chrysler Automobiles chief executive officer Sergio Marchionne again pointed […]

GM ignition switch death tally now at 84

GM ignition switch death tally now at 84

According to the traditional weekly update coming from the office of Kenneth Feinberg, the attorney in charge of GM’s ignition switch victims’ compensation fund, the fatalities linked to the defective part have reached a toll of 84 victims. General Motors, the largest US automaker and the third biggest in the […]