The GM saga:
- For GM’s Barra, it’s baptism by fire – DetN
- Ghosts of GM past still haunt automaker – DetN
- Barra not alone as new CEO to deal with crisis – DetN
- GM CEO Says Recalled Cars Safe to Drive – WSJ
- GM CEO to customers on ignition switch defects: ‘You are our compass’ – DetN
- Safety advocate questions NHTSA’s failure to open GM probe – DetN: “The Center for Auto Safety said Wednesday that federal auto safety regulators opened 39 separate investigations into defective air bags since 2000 — many with far fewer complaints than in General Motors cars linked to 12 deaths in which air bags failed to inflate.”
- Pressure Mounting on GM to Establish Victims Fund – thedetroitbureau.com
- GM’s new recall risk: replacement ignitions – Automotive News: “As General Motors recalls 1.6 million vehicles that have defective ignition switches linked to at least 12 deaths, it faces another potential risk — this time in the spare parts market.”
- Barra vows ‘world class process’ for GM vehicle safety – Automotive News
- GM stock drop shows Barra’s challenges go far beyond recalls – Automotive News
- Study: Vehicle recalls dramatically reduce fire losses – DetN: “A new study says recalls dramatically reduce the risk of fire-related defects and show how potentially dangerous it is for millions of owners to ignore recall notices.”
In other news:
- Alfa Romeo leans on Ferrari for horsepower in brand’s overhaul – Automotive News” “Fiat is turning to the cachet and horsepower of Ferrari as part of its latest effort to transform struggling Alfa Romeo into a profit machine.”
- Volvo Cars 2015 range more ‘connected’– Just-auto: Geely-owned Volvo Cars is widening availability of improved infotainment “with more cloud based possibilities”
- Bertone confirms bankruptcy as company buyer is sought – Autocar: “The situation remains bleak for the 120 workers”
- PSA and Dongfeng finalise deal – Just-auto
- Toyota Shares Up On Share Buyback – WSJ
- Commercial vehicle registrations: +8.7% over two months; +13.7% in February – ACEA
- 2015 Chrysler 200: A contender is born – DetN
- Warren Buffett-backed BYD plans to sell new shares in HK: report – Reuters
- Tesla Crafts Truce With Ohio Auto Dealers – WSJ: “Electric-car maker Tesla Motors struck a deal with Ohio auto dealers that could allow the company to de-escalate a battle over its direct-to-consumer retailing model, at least for the near term.”
- New Volkswagen Golf R estate in development – Autocar: “Hot new Golf R estate spotted testing at the Nürburgring, but VW won’t confirm if it’s green-lit for production.”
- Nissan Recalls 1 Million Vehicles for Airbag Issue – thedetroitbureau.com
- Peugeot signs Dongfeng deal, recovery hurdles remain – Reuters
- Toyota buying back stock for first time since 2009 as cash grows – Automotive News
- New-Car Sales Expected To Rise 2 Percent In March, Fall 0.3 Percent In First Quarter 2014 – Wards
- New Jersey Legislator Plugs Tesla Back In – thedetroitbureau.com
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