General Motors will launch its first self-driving cars in Texas, but be prepared to share.
In 2015, Americans spent roughly $570 billion dollars on more than 17 million cars and trucks, breaking a record set 15 years earlier. But it was also a year of automaker scandal, including a probe into GM's defective ignition switch…
WASHINGTON — For the first time, Volkswagen Group of America President and CEO Michael Horn will appear before a congressional investigative committee this week. He, and the company, will bring little Washington political clout to the table.
General Motors has agreed to pay $900 million in a settlement with the U.S. government over a deadly flaw in its ignition switches, after admitting it hid the problem for over a decade. In addition to the fine, an independent…
Thursday on the NewsHour, what the Fed’s decision on interest rates means for the economy. Also: highlights from the second Republican debate, General Motors reaches a settlement over faulty ignition switches, making sense of Pope Francis’ capitalism critique, an American-trained…
Corporate profits, as a percent of GDP, have doubled in the past 40 years. But where's that money going? Not to hiring, paying higher wages or investing in equipment. Corporations are instead using their profits to further reward shareholders. And…
Hyundai is recalling nearly 205,000 Elantra cars in the United States due to a potential defect in the vehicles' power steering systems, according to a report released late Saturday on the National Highway Safety Administration's website.
Internal emails released as part of a class action lawsuit show that General Motors ordered a half million ignition switches to replace faulty ones nearly two months before notifying safety regulators. The defect has been linked to at least 32…
The U.S. government recently issued an immediate recall for more than 4.7 million vehicles that were installed with defective airbags. However, the consumer website that lists vehicle identification numbers included in the recall did not appear to be working on…
WASHINGTON — A House committee has determined that the government's auto safety agency should have discovered General Motors' faulty ignition switches seven years before the company recalled 2.6 million cars to fix the deadly problem.
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