Nov 11, 2014

GM ordered new ignition switches prior to recall: WSJ

General Motors ordered half a million replacement ignition switches nearly two months before alerting regulators to a defect linked to at least 32 deaths, The Wall Street Journal reported. The largest U.S. automaker placed an “urgent” order for the new ignitions on Dec. 18, ...

Sep 23, 2014

GM expert says 21 deaths eligible for compensation

The death toll from crashes involving General Motors small cars with faulty ignition switches is at least 21. Attorney Kenneth Feinberg, who was hired by the company to compensate victims, said Monday in an Internet posting that he received 143 death claims as of ...

Aug 6, 2014

Toyota leaving Hollywood roots to boost North American profits

A closer look at Toyota Motor Corp.’s record profit shows why the world’s largest automaker is leaving behind its Hollywood beginnings. While Toyota reported Tuesday it earned more money in last quarter than any automaker on the planet, profit from North America trailed behind ...

Aug 2, 2014

Toyota rises to No. 2 automaker in July U.S. sales, outranks Ford

Rising consumer confidence in the United States drove Toyota Motor Corp. and Nissan Motor Co. to double-digit sales gains in July, with Toyota overtaking Ford Motor Co. to become the second-largest automaker in the market, data released by Autodata Corp. show. The robust figures, ...

Jul 30, 2014

Toyota remains world's biggest carmaker

Toyota remains No. 1 in global vehicles sales after the first six months of the year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal. Toyota Motor Corp. announced Wednesday that its January-June ...

Jul 24, 2014

GM issues six more safety recalls

General Motors issued six more recalls on Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles. The latest recalls cover nearly 823,000 cars, trucks and SUVs mostly in North America but including a small number of exports. The largest is ...

Jul 1, 2014

GM fund for ignition defect victims to offer wide eligibility

The compensation fund for victims of General Motors Co’s defective ignition switch will be open to a broad range of people, with family members of those who died as a result eligible for at least $1 million, the attorney in charge of the fund ...