General Motors CEO Mary Barra has told Washington lawmakers that GM could simultaneously release an internal investigation into a deadly ignition switch problem and its plan to compensate victims.
GM also says it will take $1.3 billion first quarter charge to pay recall related costs.
The agency says that GM failed to answer roughly one-third of the questions the were required to remit and it is imposing a fine.
Boxer didn’t just question Barra’s leadership — she said she was disappointed in her “as a woman.”
Panel members also told CEO Mary Barra that GM should tell owners to stop driving all the 2.6 million cars being recalled
Mary Barra frustrated lawmakers by fending off questions, saying she didn’t know why GM waited more than a decade to recall cars it knew had defective ignition switches.
General Motors’ recall issues are taking the spotlight on Capitol Hill.
Mary Barra has released a written transcript ahead of her testimony before Congress regarding GM’s recent recalls.
GM has acknowledged it learned about the fatal problem at least 11 years ago, yet it failed to recall the cars until last month.
CEO Mary Barra apologized for deaths linked to the delayed recall of 1.6 million small cars, saying the company took too long to tell owners to bring the cars in for repairs.