General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
The latest recalls cover almost 718,000 cars and trucks.
Johan de Nysschen, with experience at top of Infiniti and Audi, will take over to Cadillac job August 1st.
The 2005 email, unearthed in April during a company wide review of ignition-switch problems, is more evidence that GM knew about safety problems for years but failed to recall troubled cars until recently.
Seasonally Adjusted Annual Sales Rate hits 17 million for the first time since 2007, as customers ignore recall news.
General Motors is recalling at least 7.6 million more vehicles dating back to 1997 to fix faulty ignition switches as the company’s safety crisis continues to grow.
A chemical explosion Tuesday at a General Motors metal-stamping plant in Indiana killed a contractor and injured several others, authorities said.
GM spokeswoman Stephanie Jentgen says “the situation is contained” …
The Detroit Pistons announced today that George David has stepped down as assistant general manager for the team.
“I was lucky that I got it and it’s in decent condition. It’s running,” George Talley said.