With the introduction of an affordable electric car that can go 200 miles on a single charge, General Motors is setting up a showdown with Tesla to sell an electric vehicle to the masses. It may also upstage a car of its own.
Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the totals Monday.
For the owners of 189,000 General Motors SUVs, the days of parking them outside the garage for fear that they could catch fire will soon come to an end.
General Motors said they will start notifying the 189,000 SUV owners who will need to replace faulty window switches that could catch fire.
“I want it understood that they day of GM being a polite competitor is over,” Barra tells the Detroit Economic Club.
The automaker posted a net profit of $1.38 billion, or 81 cents per share, from July through September.
A defect in the devices can possibly kill or injure the driver or passengers. Is your car on the list?
The inflator mechanisms in the air bags can rupture, causing metal fragments to fly out when the bags are deployed in crashes.
At least 29 people have died and 27 people have been seriously injured in crashes involving General Motors cars with defective ignition switches.
Officials are trying to spread the word about dangerous airbags in recalled cars amid word that the U.S. government is adding more than 3 million vehicles to the warning about faulty air bags that have the potential to kill or injure drivers or passengers in a crash.