With General Motors Co. so far weathering a record-setting year of recalls with strong sales and a stable stock price, U.S. lawmakers are poised to refocus attention on the automaker’s decade-long mishandling of the original ignition-switch flaw that led to hearings in Congress.
President Barack Obama has put $5 billion in taxpayer money behind his goal of having 1 million electric cars on U.S. roads by 2015. The Republican presidential ticket says it’s money wasted on “losers.”
Nissan Motor Co.’s struggle to move ahead of Honda Motor Co. in the U.S. hangs on the new Altima being shown today in New York. It’s designed to boost the sedan’s appeal after it passed Accord in 2011 to become the No. 2-selling car.
The pressure on General Motors Co. is mounting as Chief Executive Officer Mary Barra prepares to testify before Congress at 2 p.m. about why the automaker waited more than a decade to recall cars linked to 13 deaths.