Page 11 - Auto Assembly News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Suspect are on your mind. They want to make things better for our customers and in that process make gm better. They particularly wanted to know what we plan to though you do for those who suffer the most. S why i am pleased to announce we have attained kenneth feinberg. I am sure this committee knows mr. Feinberg is highly qualified and is very experienced in handling matters such as this, having led the compensation efforts involved with 9 11, the bp oil spill and the Boston Marathon bombing. He brings expertise and objectivity to this effort. As i have said, i consider this to be an extraor...

Thank you, mr. Chairman. Ms. Barra youve mentioned several times in your comments todays gm. So my assumption is that you are going to run gm in a different manner than it has been run in the past . And that thats correct. And you are making some changes. I want to ask you just a little bit about time line. Helping us to get our hands around this because this is the first investigation were going to do. Were going to have others. And continue to look at this to get answers and figure out what has happened here between you all and nhtsa, and also within what happened at gm. So you mentioned in ...

Yes. And for some reason, though, the new switch was not given a part number and instead shared a number with the original defective switch. Is that correct . Yes. Now this new switch also did not meet gms minimum torque specificications either. This one delfi said was in the range of 10 to 15 and it really should have been 15 at a minimum. Is that correct . I have not seen the test results. You dont know that. Ok. Now, despite these facts gm continued to manufacture cars with these same ignition switches with the model years 2008 to 2011. Is that correct . Yes. And between 2004 and 2014, no P...

Finally, a Senate Hearing on compensating General Motors victims. Our issue spotlight programming on gm recalls begins with General Motors ceo mary barra. In april, she testified where she apologized to the victims causeds for the deaths by the faulty ignition switches. This is about 50 minutes. You are now under oath. You may now give a fiveminute summary of your written statement. Thank you, mr. Chairman. Can you hear me . Ok. My name is mary barra and i am the chief executive officer of General Motors. I appreciate the opportunity to be here today. More than a decade ago, gm embark on a sma...

Dagen very big overseas. Connell we will talk to jo ling kent in a minute. Good morning. Volatility has been what we have seen recently. We are still in nonvolatile time. Right now we are seeing a pattern with lots of green arrows across the board. The Dow Jones Industrials up. Almost a half of 1 . Just like the tech heavy nasdaq. The s p is getting walmart with some tough numbers out. Back to you. Dagen whats app. That is how you are supposed to say it. Connell some mixed reviews from the analysts. 19 billion is what facebook is paying for what app. According to early investors whats app adds...