A General Motors compensation expert says the automaker will offer millions of dollars in compensation to victims of accidents caused by defective ignition switches. Kenneth Feinberg said compensation will be paid to people who were driving cars of a specific...
A General Motors employee who continued to notice safety issues in vehicles and spoke up was transferred to a job where he was instructed to “not find every problem that GM might have, according to a Bloomberg Businessweek story posted today. Courtland Kelley,...
General Motors is recalling 28,789 2004-'11 Saab 9-3 convertibles to fix a seatbelt problem, the automaker said on Friday. The automatic tensioning system cable in the driver's side front seatbelt retractor could break. "If the cable were to break, seatbelt webbing spooled...
Swedish carmaker "Saab", initiated bankruptcy proceedings after the last failed attempt to survive in the market, when the former owner of "General Motors" blocked rescue deal with Chinese company to investors. Officials "Saab" today filed bankruptcy documents. The current owner...
Not long ago, General Motors refused to sell the current Saab owner Spyker until Vladimir Antonov not be excluded from the government. Once it is removed from its Spyker ownership structure of Saab has moved to his property. Americans have...
General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB . "Today's announcement is great news for Saab employees , dealers , suppliers , great news for millions...
