Two senators said they want to raise the federal gasoline and diesel tax by 12 cents a gallon to prevent a fund that pays for about half of the country's transportation projects from running out of money in August.
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GM CEO Mary Barra faced intensive questioning from a House subcommittee for nearly three hours today over the slow recall of defective ignition switches, with lawmakers questioning whether she can truly change the company's culture.
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GM CEO Mary Barra told members of Congress today that the automaker now considers unexpected vehicle shutoffs to be a safety concern, reversing a policy that had treated complaints about the Chevrolet Cobalt as low priority.
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A GM employee who continued to notice safety issues in vehicles and spoke up was transferred to a job where he was instructed to 'not find every problem that GM might have,' according to a Bloomberg Businessweek story posted today.
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American Honda's Acura division has signed a three-year agreement to support the Tiger Woods Foundation and three related golf tournaments associated with the star golfer's educational efforts.
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For the first time, Hyundai-Kia group topped rival automakers in JD Power's Initial Quality Study, while last year's leader, General Motors, fell to third.
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GM CEO Mary Barra faced intensive questioning from a House subcommittee today over the slow recall of defective ignition switches, with lawmakers cutting off her answers and asking whether she can truly change the company's culture.
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GM CEO Mary Barra told members of Congress today that the automaker has taken numerous steps to address safety defects more quickly and that she 'will not rest' until GM has fixed the 'deep underlying cultural problems' that...
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BMW CEO Norbert Reithofer has hired management consultants from McKinsey to help draw up cost cuts aimed at saving up to $5.4 billion a year, a German business magazine reported.
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Jaguar Land Rover plans to build the Range Rover Evoque and Land Rover Freelander SUVs at a new plant in China operated with joint venture partner Chery Automobile, a source said.
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Cadillac's United States sales chief Bill Peffer is out after less than 10 months, the brand's third head of sales to leave in two years as the executive turnover continues inside GM's sales organization.
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