Former General Motors Co. Chief Executive Officer Rick Wagoner may have viewed a presentation that included a description of stalling issues with the Chevrolet Cobalt about three weeks before he resigned, the company’s internal investigation found.
General Motors Co. named Mary Barra to succeed Dan Akerson as chief executive officer, completing the GM insider’s rise from a factory-floor worker to the industry’s first female CEO after more than a century of global automaking.
General Motors Co. blamed bureaucratic delays and a culture of incompetence for the botched handling of auto-safety complaints, and Chief Executive Officer Mary Barra ousted 15 employees for their roles in mishandling the recall of millions of fatally flawed vehicles.
U.S. automakers would endorse four more years with profits like those this week. A second term for President Barack Obama, who made saving General Motors Co. a campaign pillar, hinges on whether voters give him the credit.