General Motors: No More Major Safety Concerns, Dismissals to Come

Now watching

Next video starts in : 7 Play

General Motors: No More Major Safety Concerns, Dismissals to Come

General Motors: No More Major Safety Concerns, Dismissals to Come
Replay video
Up next

What to Watch in the Week Ahead: Dollar Tree Earnings, PMI

Unlock your personal NFL Now stream by signing in to NFL.com

General Motors: No More Major Safety Concerns, Dismissals to Come

by TheStreet 1:02 mins

General Motors: No More Major Safety Concerns, Dismissals to Come

by TheStreet 1:02 mins

As its internal probe nears completion, General Motors has assured that there are no more major safety concerns following an investigation that has unearthed a total 15.8 million model recalls for the automaker. The internal review uncovered at least 13 deaths associated with a faulty ignition switch causing vehicles to stall when in use, fail to deploy airbags in the event of a crash and limit driver control of braking and steering. CEO Mary Barra also told reporters before the company’s annual shareholder meeting that no further dismissals were likely after 15 employees were fired last week and a further 5 disciplined as a result of the recall scandal.

TheStreet

Finance

  1. 1:01

    The Biebs is back: Justin Bieber by the numbers

  2. 1:04

    Yahoo Finance cocktail of the week: The wild ride

  3. 14:54

    Markets calm down, Sprint vs. AT&T and 'sky high' wifi prices

  4. 4:23

    China fears linger as focus on Fed sharpens

  5. 3:34

    China's Wanda buys Ironman Triathlon owner for $650 mln

  6. 2:31

    Sky high wifi prices

Personal Finance

  1. 3:44

    A local man’s view on the real recovery of post-Katrina New Orleans

  2. A local man’s view on the real recovery of post-Katrina New Orleans

  3. 1:40

    How Much Money Do You Need to Be Rich? Kids' Answers Will Inspire You.

  4. 1:34

    Young people and startups are fueling New Orleans’ recovery after Hurricane Katrina

  5. 1:52

    Here's how smart investors will react to today's market drama

  6. 2:33

    In post-Katrina New Orleans, black men lift each other up

Investing

  1. 1:39

    Icahn buys into FCX, big changes at BIG, ULTA looking pretty

  2. 1:52

    Three tests face a market shaken by volatility storm

  3. 1:31

    3 tips for managing money in a volatile market

  4. 3:52

    Analyst trolls Chanos, says he's lying about Elon Musk's SolarCIty

  5. 3:47

    Unhinged market tests Wall Street rules of thumb

  6. 5:03

    No fundamental reason for oil's 'meltdown': energy analyst

Market Movers