115
115
tv
eye 115
favorite 0
quote 0
>> today's general motors all i can tell you is today's general motors we are focused on safety. we have over 18 vehicles with a five-star crash rating. our entire buick lineup meets that requirement. >> but we're talking about these vehicles and was changed. have you had a chance to read these articles in "the new york times," florida engineer eureka moment with a deadly gm flaw? barra: i believe i read a portion of that article. >> this is from a writer, he writes in here about an engineer named mark hurd who is at a loss to explain why the engine and cobalt had suddenly shut off causing the fatal accident in 2010 in georgia. then he bought a replacement for $30 from a local gm and the mystery quickly unraveled. for the first time, someone outside gm even by the company's own account had figured out a problem that they had known about for a decade and is now linked to 12 deaths. even though the new switch had the same identification number, mr. hood found big differences, and the article continues so begin to discover that was set in motion gm's worldwide recall of 2.7 million
>> today's general motors all i can tell you is today's general motors we are focused on safety. we have over 18 vehicles with a five-star crash rating. our entire buick lineup meets that requirement. >> but we're talking about these vehicles and was changed. have you had a chance to read these articles in "the new york times," florida engineer eureka moment with a deadly gm flaw? barra: i believe i read a portion of that article. >> this is from a writer, he writes...
75
75
Apr 2, 2014
04/14
by
ALJAZAM
tv
eye 75
favorite 0
quote 0
keep in mind general motors is shielded from civil liability. they may consider starting a fund, and fine berg would be in charge of dispersing funds to the families. >> david, writes for the "the los angeles times" about automobile. great to have you on the program again. >> coming up, breaking news on the earthquake off the coast of chile, measuring 8.2. there are tsunami warnings in effect. we'll have a report from santiago. bishops celebrate mass along the border of mexico. [ male announcer ] it's here -- xfinity watchathon week, your chance to watch full seasons of tv's hottest shows for free with xfinity on demand. there's romance, face slaps, whatever that is, pirates, helicopters, pirate-copters... argh! hmm. it's so huge, it's being broadcast on mars. heroes...bad guys... asteroids. available only on mars. there's watching. then there's watchathoning. ♪ >> welcome back al jazeera america, i'm john seigenthaler in new york, following breaking news out of chile. richelle carey is here with the latest. >> it's still coming in. it's 8.2 mag
keep in mind general motors is shielded from civil liability. they may consider starting a fund, and fine berg would be in charge of dispersing funds to the families. >> david, writes for the "the los angeles times" about automobile. great to have you on the program again. >> coming up, breaking news on the earthquake off the coast of chile, measuring 8.2. there are tsunami warnings in effect. we'll have a report from santiago. bishops celebrate mass along the border of...
167
167
Apr 1, 2014
04/14
by
CNBC
tv
eye 167
favorite 0
quote 0
>> at a general level, general motors is responsible for general motors parts numbers but, again, that's part of the investigation to understand how that happened. >> okay. does that seem inconceivable to you? >> yes. it is inconceivable. it is not our process, and it is not acceptable. >> okay. i would think that it probably is not. have you asked delphi if you can have access to their documentation and their e-mail chain dealing with this issue? >> i have not, and we will go as the investigation takes to get the information we need to make a complete and accurate accounting of what happened. >> okay. my time has expired. thank you, mr. chairman. i yield back. >> just for clarification, we have asked for that e-mail chain from delphi and we'll let you know when we get that. now recognize chairman emeritus of the committee, mr. dingell, for five minutes. >> mr. chairman, i thank you for your courtesy. i begin by telling the families of those who were injured or killed by the defective general motors vehicles they have our sympathy and we believe the events here are tragic, indeed. and i
>> at a general level, general motors is responsible for general motors parts numbers but, again, that's part of the investigation to understand how that happened. >> okay. does that seem inconceivable to you? >> yes. it is inconceivable. it is not our process, and it is not acceptable. >> okay. i would think that it probably is not. have you asked delphi if you can have access to their documentation and their e-mail chain dealing with this issue? >> i have not,...
28
28
Apr 2, 2014
04/14
by
CSPAN
tv
eye 28
favorite 0
quote 0
>> at the general level, general motors is responsible for general motors parts numbers. but again, that's part of the investigation to understand how that happened. >> okay. does that seem inconceivable to you? >> yes, it is inconceivable. it is not our process and it is not acceptable. >> i would think that it probably is not. have you asked delfi if you can have access to their documentation and e-mail chain dealing with this issue? >> i have not. again, mr. valucas will go as the investigation takes them to get the information he needs to get a complete and accurate accounting of what happened. >> my time expired. thank you, i yield back. >> just for clarification, we have asked for that e-mail chain and we'll let you know when we get that. rerecognize mr. mr. dingell for five minutes. >> thank you for your koucourte. i begin by telling the families injured or killed by the defective general motors vehicles that they have our sympathy and we believe the events here are tragic indeed i join efrp expressing my condolences to the families killed or injured in those crash
>> at the general level, general motors is responsible for general motors parts numbers. but again, that's part of the investigation to understand how that happened. >> okay. does that seem inconceivable to you? >> yes, it is inconceivable. it is not our process and it is not acceptable. >> i would think that it probably is not. have you asked delfi if you can have access to their documentation and e-mail chain dealing with this issue? >> i have not. again, mr....
112
112
Apr 1, 2014
04/14
by
MSNBCW
tv
eye 112
favorite 0
quote 0
action against general motors.hank you for being here. >> thank you very much. i appreciate it. >>> and right now committee chair fred upton is giving his opening statement. we do expect to hear from gm's ceo mary barra just a few minutes from now. stay with us for live coverage ahead. >>> and now first before we go let's bring you an update on missing malaysian airlines flight 370. there's more evidence that the search operation was hampered by a lack of coordination and misinformation. the "wall street journal" reports for three days up until last friday a lack of coordination between cup trees and companies led search crews that analyze the wrong area of the southern indian ocean. also malaysian authorities released a transcript of the final words from the cockpit of flight 370. it was not "all right, good night." rather it was "good night, malaysian 370." if no record is found on the surface, then the countries involved will have to decide what to do ex. >>> up next, make way for obamacare truthers. they are no
action against general motors.hank you for being here. >> thank you very much. i appreciate it. >>> and right now committee chair fred upton is giving his opening statement. we do expect to hear from gm's ceo mary barra just a few minutes from now. stay with us for live coverage ahead. >>> and now first before we go let's bring you an update on missing malaysian airlines flight 370. there's more evidence that the search operation was hampered by a lack of coordination...
114
114
Apr 1, 2014
04/14
by
ALJAZAM
tv
eye 114
favorite 0
quote 1
that's the total number of vehicles general motors has recalled this year alone. today america demanded answers from g.m. over ignition switches linked to 13 traffic deaths over a decade. and america got virtually nothing. when members of the house panel one after another pressed g.m. ceo mary barra over what g.m. knew and when, she simply repeated we're reviewing that. she later told reporters we hired tony velucas. tony vel ucas is a lawyer. talk to our lawyer. we're still left hanging. 2.6 million vehicles recalled in february and march over faulty ignition switches going back to the year 2000. that can suddenly move to the off position and shut down a vehicle's electrical system. in an instant you could lose your steering and brakes. in an instant you could lose your ability to deploy the vehicle's airbag. in an instant you could lose your life. at least 13 people did. to be fair g.m.'s new ceo is clearly not familiar with the 2,000 plus documents turned over even though she has worked at g.m. for 34 years. g.m. only exists today because of the good graces of
that's the total number of vehicles general motors has recalled this year alone. today america demanded answers from g.m. over ignition switches linked to 13 traffic deaths over a decade. and america got virtually nothing. when members of the house panel one after another pressed g.m. ceo mary barra over what g.m. knew and when, she simply repeated we're reviewing that. she later told reporters we hired tony velucas. tony vel ucas is a lawyer. talk to our lawyer. we're still left hanging. 2.6...
50
50
Apr 2, 2014
04/14
by
ALJAZAM
tv
eye 50
favorite 0
quote 0
. >> general motors is not alone in this story. the national traffic and highway administration is the government organization that oversea see recalls. >> the indicate at a was not sufficient to warrant a formal investigation. what does this mean? it means that ntsa was concerned and engaged on this issue. this was a difficult case where tools and expertise over the last decade have resulted in 1,299 recalls including 35 recalls on airbag non-deployments. these tools have served us well and we'll continue to rely oh upon them and improve them. we've advanced computer tools to improve airport to spot defects and trends and we we're planning to expand that effort. what we know now is we need to challenge our assumptions, we need to look at how we handle difficult cases like this going forward. >> what did g.m. and when? and was the federal government asleep at the wheel? the house had its shot. next the u.s. senate. right now it's our turn. joining us to discuss what went wrong with g.m. cars and what can be done to prevent situatio
. >> general motors is not alone in this story. the national traffic and highway administration is the government organization that oversea see recalls. >> the indicate at a was not sufficient to warrant a formal investigation. what does this mean? it means that ntsa was concerned and engaged on this issue. this was a difficult case where tools and expertise over the last decade have resulted in 1,299 recalls including 35 recalls on airbag non-deployments. these tools have served us...
233
233
Apr 6, 2014
04/14
by
CSPAN
tv
eye 233
favorite 0
quote 0
>> at the general level, general motors is responsible for general motors parts numbers. but again, that's part of the investigation to understand how that happened. >> okay. does that seem inconceivable to you? >> yes, it is inconceivable. it is not our process and it is not acceptable. >> i would think that it probably is not. have you asked delfi if you can have access to their documentation and e-mail chain dealing with this issue? >> i have not. again, mr. valucas will go as the investigation takes them to get the information he needs to get a complete and accurate accounting of what happened. >> my time expired. thank you, i yield back. >> just for clarification, we have asked for that e-mail chain and we'll let you know when we get that. rerecognize mr. mr. dingell for five minutes. >> thank you for your koucourte. i begin by telling the families injured or killed by the defective general motors vehicles that they have our sympathy and we believe the events here are tragic indeed i join efrp expressing my condolences to the families killed or injured in those crash
>> at the general level, general motors is responsible for general motors parts numbers. but again, that's part of the investigation to understand how that happened. >> okay. does that seem inconceivable to you? >> yes, it is inconceivable. it is not our process and it is not acceptable. >> i would think that it probably is not. have you asked delfi if you can have access to their documentation and e-mail chain dealing with this issue? >> i have not. again, mr....
65
65
Apr 2, 2014
04/14
by
ALJAZAM
tv
eye 65
favorite 0
quote 0
>> as we clearly know today, it's not. >> general motors c.e.o.ary barra tells a house committee the company will find out why it took 10 years to recall cars with faulty parts. >> it's been 11 days since the washington state mud slight devastated the area. officials say the death toll is up to 28, with 20 others still missing. tuesday morning at the us mexico borders hundreds of worshippers rathered for mass, rath lick bishops pushed for reforms. and prayering for those that died crossing the board. >> "consider this" is next, and you can get the latest news online at the website aljazeera.com. >>> an explosive senate report blasts the cia with claims that the agency misled the public for years on enhanced interrogation. also, gm's huge recall shines a light on a completely legal practice that some call a serious conflict of interest that could affect all of us. >>> plus, who holds the keys to the internet? we will meet a member of a very select secret group. >>> how vulnerable is america's food supply to terrorism? i am antonio morrow. welcome t
>> as we clearly know today, it's not. >> general motors c.e.o.ary barra tells a house committee the company will find out why it took 10 years to recall cars with faulty parts. >> it's been 11 days since the washington state mud slight devastated the area. officials say the death toll is up to 28, with 20 others still missing. tuesday morning at the us mexico borders hundreds of worshippers rathered for mass, rath lick bishops pushed for reforms. and prayering for those that...
105
105
Apr 1, 2014
04/14
by
BLOOMBERG
tv
eye 105
favorite 0
quote 0
>> general motors are responsible for general motors parts numbers. that seem inconceivable to you? >> yes. it is inconceivable. it's not acceptable. >> have you asked delphi if you can have access dealing with this issue? >> i have not and mr. the lucas will go as we continue the investigation and get an accurate accounting of what has happened. >> my time has expired. i yield back. >> we have asked for that e-mail chain. chairmanognized emeritus of the committee, mr. dingell. by telling the families of those who were injured or killed by the defective general motors -- we believe the events here are tragic indeed. express my condolences to the families who were killed or injured in those crashes. now it is incumbent upon congress and regulators and general motors to determine how these deaths could have happened and take steps to ensure the safety of american motorists and their families are moving forward. expect this investigation will be thorough. all of the stick orders to be unabashedly forthright. i would like to build on chairman murphy's line of questioning. will requirest
>> general motors are responsible for general motors parts numbers. that seem inconceivable to you? >> yes. it is inconceivable. it's not acceptable. >> have you asked delphi if you can have access dealing with this issue? >> i have not and mr. the lucas will go as we continue the investigation and get an accurate accounting of what has happened. >> my time has expired. i yield back. >> we have asked for that e-mail chain. chairmanognized emeritus of the...
35
35
Apr 3, 2014
04/14
by
CSPAN2
tv
eye 35
favorite 0
quote 0
cooper confronted general motors mr. ray digiorgio their lead switch engineer with the evidence of the parts switch he lied. he said he didn't know anything about it. documents. general motors commodity validation sign off. signed on april 2006 bears the signature of in fact raid to georgiou. spelling out in the document also new detente plunger was implemented to increase torque force in the switch with the box checked resubmission with engineering changes. further, it is now clear that gm knew the faulty switch in 2004, knew the airbags were not applying in 2005 and in late 2005 knew someone had died. we don't know how many people crash because of this cover-up. we do know that many died including ms. melton and at least one of my constituents a missouri woman who died in a crash in 2009 in the suburbs surrounding st. louis. so there is great work done by a trial lawyer and an engineer he hired and exposing a serious safety issue with the product, work that should have first been done by gm and secondly by federal regu
cooper confronted general motors mr. ray digiorgio their lead switch engineer with the evidence of the parts switch he lied. he said he didn't know anything about it. documents. general motors commodity validation sign off. signed on april 2006 bears the signature of in fact raid to georgiou. spelling out in the document also new detente plunger was implemented to increase torque force in the switch with the box checked resubmission with engineering changes. further, it is now clear that gm...
500
500
Apr 2, 2014
04/14
by
KDTV
tv
eye 500
favorite 0
quote 0
la maxima ejecutiva de general motors explico en el congreso por que esa compaqia demoro mas de una decadaamar a reparar autos con un defecto que provoco accidentes mortales.obispos catolicos celebraron una misa junto a la >> para recordar a los miles de inmigrantes que tratan de cruzar de méxico a estados unidos. así comenzamos. >> ♪. >> este es su noticiero univision con jorge ramos y maría elena salinas. >> ♪. >> hola ¿qué tal? soy ilia calderón a las 21 horas hora local un terremoto 8,3 escala richter en chile obligaron a evacuar toda la parte norte del país afectado las zonas costeras son evacuadas escuchan las alertas y les piden a los habitantes ir a lugares seguros hasta que las autoridades digan que pueden volver a sus países de chile a nicaragua 9 países están con alerta de tsunami para estados unidos dijeron que no hay motivo de evacuación en el último terremoto hubo 500 personas muertas. ya se preparan para las evacuaciones se les pide que evacuen a pie y hay embotellamientos en el transito porque quieren salir en auto es un sismo de 8,2 en la escala richter hay alerta de tsuna
la maxima ejecutiva de general motors explico en el congreso por que esa compaqia demoro mas de una decadaamar a reparar autos con un defecto que provoco accidentes mortales.obispos catolicos celebraron una misa junto a la >> para recordar a los miles de inmigrantes que tratan de cruzar de méxico a estados unidos. así comenzamos. >> ♪. >> este es su noticiero univision con jorge ramos y maría elena salinas. >> ♪. >> hola ¿qué tal? soy ilia calderón a las...
74
74
Apr 4, 2014
04/14
by
CSPAN2
tv
eye 74
favorite 0
quote 0
i am deeply sorry and the men and women of general motors are deeply sorry. 've asked the former attorney to conduct a thorough investigations of the actions of general motorgeneral motors andd updates and he tells me his work is well along. he has the free reign to go regardless of outcome. the facts will be the facts. once they are in my leadership and i will do what is necessary to ensure this doesn't happen again. we will hold ourselves accountable. however i want to stress we are not waiting for his results to make changes. the top priority is to quickly identify and resolve any and all product safety issues. issues. he's not taking on this task alone very and i stand with him, my senior management team stands with him and we welcome input from outside gm from you, from our customers come our dealers an, our dealers andour current r employees. i have asked everyone on the team to work with one thing in mind, customers and safety are at the center of everything we do. customers of the by the recall are getting our full and undivided attention. we have empo
i am deeply sorry and the men and women of general motors are deeply sorry. 've asked the former attorney to conduct a thorough investigations of the actions of general motorgeneral motors andd updates and he tells me his work is well along. he has the free reign to go regardless of outcome. the facts will be the facts. once they are in my leadership and i will do what is necessary to ensure this doesn't happen again. we will hold ourselves accountable. however i want to stress we are not...
59
59
Apr 2, 2014
04/14
by
ALJAZAM
tv
eye 59
favorite 0
quote 0
first, i want to ask you a little bit about general motor' reputation.hey have been through a lot with the bail-out, the bankruptcy. will they survive this? expecting? >> it's interesting in light of what you just said about whether they are shielded from legal like itty or not. legal liability at this point is the least of general motor' problems. it is a company with a lot of money. it sells a lot of cars. it's going to need to do what it needs to do to settle legal claims. whether or not it's within the law, gm's problem is reputation. this is a massive company. when i look back to ford and the bridgestone, firestone or the bronco or i look back to toyota and the brakes, they all come back, and they can come back strong but certain things need to happen first. and when it comes to cars, people have to trust that the car is safe. now, just this week, the insurance institute for highway safety ranked a 2014 particular chevy model one of the super plus picks in terms of safety. what general motor would like you to believe is that all of the problems we a
first, i want to ask you a little bit about general motor' reputation.hey have been through a lot with the bail-out, the bankruptcy. will they survive this? expecting? >> it's interesting in light of what you just said about whether they are shielded from legal like itty or not. legal liability at this point is the least of general motor' problems. it is a company with a lot of money. it sells a lot of cars. it's going to need to do what it needs to do to settle legal claims. whether or...
50
50
Apr 2, 2014
04/14
by
CSPAN
tv
eye 50
favorite 0
quote 0
in the case of the recently recalled general motors vehicle we are first to focus on general motors identifying all vehicles -- with the ignition switch defect. it is doing all it can to inform consumers about how to keep themselves safe. we are always -- also investigating whether general motors met its responsibilities to address this defect as required under federal law. if you fail to do so, we will hold general motors accountable. it has led to record fines on automakers. internally, we have already begun a review of our actions in this case to further our ability to address potential defects. today i will share what i have learned. some of that information raised concerns about airbag deployment. we convened a panel to review that data. neither the cobalt nor the ion stood out when compared to other vehicles. the two crash investigation reports that we reviewed at the time were inconclusive on the cause of non-deployment. the reports noted that the airbags did not deploy. the power mode was an accessory. these crashes involved unbelted occupants. these conditions began with relatively sma
in the case of the recently recalled general motors vehicle we are first to focus on general motors identifying all vehicles -- with the ignition switch defect. it is doing all it can to inform consumers about how to keep themselves safe. we are always -- also investigating whether general motors met its responsibilities to address this defect as required under federal law. if you fail to do so, we will hold general motors accountable. it has led to record fines on automakers. internally, we...
114
114
Apr 1, 2014
04/14
by
FOXNEWSW
tv
eye 114
favorite 0
quote 0
huge problem for general motors. >> this is a huge problem.ral motors going through the bailout and getting so much negative publicity finally started to regain market share. around september of last year, maybe americans for giving them somewhat. of course mary barra herself elected ceo. big press, first woman at the helm. a lot of positive things happened for the company and all the things they have gone through thrown out the windows. the first question, if gm knew specs weren't up to par and she said yes, that hit with an exclamation point. >> it's interesting, she's been with the company many decades. that's good and that's bad. it's good, she can answer questions. she's had a bumpbl of jobs at gm. she's very familiar. a lot of other ceos recent times were not at gm. that's a positive. the negative is she was there. >> was she part of the problem, part of this decision making that sort of looked the other way. that's, you know, obviously goes on. i don't know what her role was when they said cobalt may not be up to snuff, lets get it out
huge problem for general motors. >> this is a huge problem.ral motors going through the bailout and getting so much negative publicity finally started to regain market share. around september of last year, maybe americans for giving them somewhat. of course mary barra herself elected ceo. big press, first woman at the helm. a lot of positive things happened for the company and all the things they have gone through thrown out the windows. the first question, if gm knew specs weren't up to...
84
84
Apr 3, 2014
04/14
by
ALJAZAM
tv
eye 84
favorite 0
quote 0
. >> general motors c.e.o. facing the fire on capitol hill for a second day, and the sharp criticism lawmakers fired off obvious ignition problems. >> the supreme court handing down a major decision over money donated to lawmakers in washington d.c. how the high court's ruling will affect the business of politics. president obama drawing a line in the sand over his push to boost the minimum wage. the challenge he's making to lawmakers on capitol hill. >> another day of tough questioning on capitol hill for the head of general motors. senators accused the company of trying to hide an ignition problem linked to 13 deaths sparked a massive recall. lisa stark has more on wednesday's hearings. >> tough questions on whether general motors hid the defect blamed for at least 13 deaths. the c.e.o. mary barra insisted the new g.m. could do the rite thing. lawmakers were not necessarily buying it. >> the subcommittee will come to order. >> angry and sceptical senators confronted mary barra about why the company did not ac
. >> general motors c.e.o. facing the fire on capitol hill for a second day, and the sharp criticism lawmakers fired off obvious ignition problems. >> the supreme court handing down a major decision over money donated to lawmakers in washington d.c. how the high court's ruling will affect the business of politics. president obama drawing a line in the sand over his push to boost the minimum wage. the challenge he's making to lawmakers on capitol hill. >> another day of tough...
46
46
Apr 3, 2014
04/14
by
LINKTV
tv
eye 46
favorite 0
quote 0
complicationer here, if you would, for general motors. it really is very disturbing for the american public. do you believe gm executives and workers in the company should be held criminally liable for the death of your daughter, ken rimer? >> they were aware the switch was not correct. all to the organization, i can just put the blame on one person, but there are many there that made that decision. there are also many more that made the decision to hide that. they need to be held accountable for those decisions that they made and rather process, not just the guy that signed off the original paper, but his supervisor and all the way up the chain of command. >> ken rimer, condolences on the death of her 18 year old stepdaughter natasha who died in a car crash in 2006, along with her friend. also want to thank joan claybrook for joining us. democracy now! is looking for feedback from people whod<é?x >> my name is alexandra grant and i am an artist.
complicationer here, if you would, for general motors. it really is very disturbing for the american public. do you believe gm executives and workers in the company should be held criminally liable for the death of your daughter, ken rimer? >> they were aware the switch was not correct. all to the organization, i can just put the blame on one person, but there are many there that made that decision. there are also many more that made the decision to hide that. they need to be held...
201
201
Apr 2, 2014
04/14
by
KQED
tv
eye 201
favorite 0
quote 0
but we begin tonight with general motors. it is under intense scrutiny by lawmakers for safety concerns about its cars. today its new ceo got slammed by members of the house over how the automaker midhandled the crisis. faulty ignition switches in general motors vehicles have been linked to 31 accidents and at least a dozen deaths over the past 13 years, prompting a massive recall. lawmakers want to know what took gm so long, and did gm put money ahead of lives. for her part, barra attempted to reassure those lawmakers along with investors and drivers that gm cars are safe and that she and the company are terribly sorry. eamon javers has more on today's heated testimony barra's performance and what's next for gm. >> reporter: gm ceo mary barra arrived on capitol hill this afternoon to apologize for gm's failures leading up to the automaker's recall of 2.6 million vehicles for dangerously defective ignition switches. >> nothing but the truth. >> reporter: the audience included grieving family members of people killed in switch
but we begin tonight with general motors. it is under intense scrutiny by lawmakers for safety concerns about its cars. today its new ceo got slammed by members of the house over how the automaker midhandled the crisis. faulty ignition switches in general motors vehicles have been linked to 31 accidents and at least a dozen deaths over the past 13 years, prompting a massive recall. lawmakers want to know what took gm so long, and did gm put money ahead of lives. for her part, barra attempted to...
72
72
Apr 2, 2014
04/14
by
ALJAZAM
tv
eye 72
favorite 0
quote 0
she is the brand-new ceo of general motor, and nobody wants to inherit that stuff. what i need to understand and what americans need to understand is: is she the new generation, or was she part of the crew that knew this was going on and didn't want to fas the litigation or the costs associated because, again, adam in those documents, it shows that general motor knew in 2005 and had an opportunity in 2007 and in 2010 to deal with these ignition switch problems and decided not to. was she there? did she know? was she part of that decision? if she was -- she claims she wasn't and we will give her the benefit of the doubt. >> so many unanswered questions after that grilling. ali velshi, host of real money. thanks for joining us. >> for a story we have been following closely. washington, d.c. police searching for 8-year-old ralis a a-r a-rod. people confirmed they found the suspected kidnapper dead and is accused of murdering his wife. the case that has brought national attention to the safety of children living in shelters. >> it's really, i think, just heart-wrenching
she is the brand-new ceo of general motor, and nobody wants to inherit that stuff. what i need to understand and what americans need to understand is: is she the new generation, or was she part of the crew that knew this was going on and didn't want to fas the litigation or the costs associated because, again, adam in those documents, it shows that general motor knew in 2005 and had an opportunity in 2007 and in 2010 to deal with these ignition switch problems and decided not to. was she there?...
50
50
Apr 1, 2014
04/14
by
ALJAZAM
tv
eye 50
favorite 0
quote 0
. ♪ >> general motors recalls another 1.5 million vehicles just hours before its ceo is scheduled toe grilled on capitol hill. coincidence? i don't think so. also i'm looking at the government agency that is supposed to make sure you spend your hard-earned money on a safe car. and i'll tell you about health care reform, the big shift that will effect you some day even if you get your insurance through work. i'm ali velshi, "real money." ♪ >>> this is "real money." you are the most important part of the show, so join our live conversation for the next half hour on twitter and on facebook.com. what is wrong with gm? is this a company you can trust anymore? should you buy a gm vehicle? are you safe in the one you have? these questions all became more relevant hours ago. as they announced another recall. another 1.5 until cars. the latest in a tidal wave of mistakes. and for general motors a company desperately trying to reinvent itself with a new ceo, the timing and resulting justifying loss of confidence against american consumers couldn't be worse. the drum beat of woe continued today
. ♪ >> general motors recalls another 1.5 million vehicles just hours before its ceo is scheduled toe grilled on capitol hill. coincidence? i don't think so. also i'm looking at the government agency that is supposed to make sure you spend your hard-earned money on a safe car. and i'll tell you about health care reform, the big shift that will effect you some day even if you get your insurance through work. i'm ali velshi, "real money." ♪ >>> this is "real...
158
158
Apr 1, 2014
04/14
by
KQED
tv
eye 158
favorite 0
quote 0
. >>> heading to the hill, general motor will take a massive recall related charge in the first quarter. the announcement comes a day before its ceo faces congress. how did gm get to this point and what happens next? >> i think this extraordinary commitment is still needed and will be for sometime. >> with those words from janet yellen, stocks took off with a triple digit gain on the dow. >> cutting cholesterol, a new and promising weapon against the fight of cardiovascular disease and the makers we bind it. >>> the devastating problems general motors has gotten worse. gm expects to take a massive 750 million dollars charge this quarter for the cost of recalling and repairing 1.5 million cars with faulty ignition switches. that's on top of a new recall for 1.3 million recalls that may see a sudden loss of power steering and another late recall friday of trucks and suvs for potential problems with transmission coolant lines. the cheer checktive mary barra will testify on capitol hill. late today's her repaired remarks were released and says the auto maker holds itself fully accountable b
. >>> heading to the hill, general motor will take a massive recall related charge in the first quarter. the announcement comes a day before its ceo faces congress. how did gm get to this point and what happens next? >> i think this extraordinary commitment is still needed and will be for sometime. >> with those words from janet yellen, stocks took off with a triple digit gain on the dow. >> cutting cholesterol, a new and promising weapon against the fight of...
66
66
Apr 1, 2014
04/14
by
CNBC
tv
eye 66
favorite 0
quote 0
remember, this is a new general motors.nder the law, because i think the courts are going to end up going after this all of a sudden. she was in a meeting last night or the other night with senator blumenthal, i read a report, and he wants to put $1 billion in a fund for them and some trial lawyers to go after. let's wait just a minute, let's get the facts before we start raiding the coffers of general motors because typically these things can be handled on a fair basis but remember, this is a new general motors. most of the investors in this company now believe that all the liabilities were in the past. so mary needs to be careful about what she's taking responsibility for, because these investors here have been in here since the new offering and we have been led to believe that the liabilities in the past are over. that's a very serious legal issue so there is the moral issue and they can handle that on their own. but those of us who are shareholders are going to be very focused on, you know, this unholy alliance of polit
remember, this is a new general motors.nder the law, because i think the courts are going to end up going after this all of a sudden. she was in a meeting last night or the other night with senator blumenthal, i read a report, and he wants to put $1 billion in a fund for them and some trial lawyers to go after. let's wait just a minute, let's get the facts before we start raiding the coffers of general motors because typically these things can be handled on a fair basis but remember, this is a...
46
46
Apr 3, 2014
04/14
by
CSPAN2
tv
eye 46
favorite 0
quote 0
i'm saying as the ceo of general motors you have not had a briefing by your general counsel about the litigation that is ongoing against your company concerning this defect? you have not had that conversation? >> i've been focused on getting parts for customers. >> we would like to know how many cases have been filed. we would like to know me cases have been completed. how many are settled, and most important how many of those required confidentiality. how much whack-a-mole has been going on in terms of trying to do with these lawsuits on a one off basis and leveraging what a lawyer wants to do for the client with the requirement of secrecy is. has mr. georgiou been fired and? >> the investigation has only been going on for a couple weeks. we've already made process steps as i returned to the office will start to look at the people implications. >> he has not been part? >> no. >> is he working everyday? >> yes. >> you know he lied under oath? >> the data that's been put in front of me indicates that the and waiting for the full investigation. i want to be fair. >> let me help you. he
i'm saying as the ceo of general motors you have not had a briefing by your general counsel about the litigation that is ongoing against your company concerning this defect? you have not had that conversation? >> i've been focused on getting parts for customers. >> we would like to know how many cases have been filed. we would like to know me cases have been completed. how many are settled, and most important how many of those required confidentiality. how much whack-a-mole has been...
95
95
Apr 1, 2014
04/14
by
BLOOMBERG
tv
eye 95
favorite 0
quote 0
a first for general motors.he top priorities to quickly identify and resolve any and all product safety issues. tasks not taken on this alone. i stand with them and my senior leadership team stands with them as well. we will welcome input from outside of gm from you, from our customers, our dealers and current and former employees. of recallsround demonstrates just how serious we are about the way we want to do things at today's gm. we have identified these issues and we have brought them forward and we are fixing them. to keepsked our chain stressing the system at gm and work with one thing in mind. the customer and their safety are at the center of everything we do. our customers who have been affected by this recall are getting our full and undivided attention. to themalking directly through a dedicated website with constantly updated information and through social media platforms. we have trained and assigned more people to our customer call centers and wait times are down to seconds. we are sending customer
a first for general motors.he top priorities to quickly identify and resolve any and all product safety issues. tasks not taken on this alone. i stand with them and my senior leadership team stands with them as well. we will welcome input from outside of gm from you, from our customers, our dealers and current and former employees. of recallsround demonstrates just how serious we are about the way we want to do things at today's gm. we have identified these issues and we have brought them...
107
107
Apr 12, 2014
04/14
by
KQEH
tv
eye 107
favorite 0
quote 0
so that is general motors' response to this. so tyler look, you have to see a lot more documents in terms of what mary may have known. but she has said, and stands by the fact she didn't know about this before january of this year. >> all right, phil, thank you very much, have a great weekend. >>> and more on general motors, they are urging the justice department to intervene, calling on the agency to require gm to establish a victim's fund and oppose the automaker to deny any responsibility for the damages. shares dropping, ten-month low now, closing now, the ip price of gm of $33 a share. >>> and here is good news for the bankrupt city of detroit. a federal judge approved the latest attempt to pry itself free from long-term financial contracts known as interest rate swaps. they cost the city tens of millions to ubs and bank of america merrill lynch unit. the two banks will now be paid $85 million to terminate the deal which was used to boost municipal pension plans. >>> president obama wasted no time to replace the health and
so that is general motors' response to this. so tyler look, you have to see a lot more documents in terms of what mary may have known. but she has said, and stands by the fact she didn't know about this before january of this year. >> all right, phil, thank you very much, have a great weekend. >>> and more on general motors, they are urging the justice department to intervene, calling on the agency to require gm to establish a victim's fund and oppose the automaker to deny any...
128
128
Apr 1, 2014
04/14
by
ALJAZAM
tv
eye 128
favorite 0
quote 0
my name is mary barra, i'm the chief executive of general motors. i appreciate the opportunity to be here today. more than a decade ago g.m. embarked on a small-car program. sitting here today i cannot tell you why it took so long for a safety defect to be announced for this program. i can tell you we will find out. this is an extraordinary situation. it involves vehicles we no longer make. but it came to light on my watch, so i'm responsible for resolving it. when we have answers we will be fully transparent with you, with our regulators, and with our customers. while i cannot turn back the clock, as soon as i learnt about the problem we acted without hesitation. we told the world we had a problem that needed to be fixed. we did so because whatever mistakes were made in the past, we will not shirk from our responsibilities now or in the future. today's g.m. will do the right thing. it begins with my sincere apologies to everyone affected by the recall, especially the families and friends who lost their lives or were injured. i am deeply sorry. i as
my name is mary barra, i'm the chief executive of general motors. i appreciate the opportunity to be here today. more than a decade ago g.m. embarked on a small-car program. sitting here today i cannot tell you why it took so long for a safety defect to be announced for this program. i can tell you we will find out. this is an extraordinary situation. it involves vehicles we no longer make. but it came to light on my watch, so i'm responsible for resolving it. when we have answers we will be...
95
95
Apr 9, 2014
04/14
by
KQED
tv
eye 95
favorite 0
quote 0
phil, what does it mean for general motors? >> susiusie, this is another example of them saying knock it off, give us all the information as quick as possible or else we'll go to federal court and demand it if you don't turn it over as quickly as possible. some people will hear it and say $7,000 a day? will that really compel general motors to come forward and turn over the documents? that is not the point here, that, the maximum allowed by law, $7,000 a day which is what they were fined per day. this is more of the frustration that they have dealing with general motors on this recall ignition switch recall issue and not getting documents. just a quote i want to give you guys. at the end of the letter it says to be clear a complete response by gm means gm fully and substantively releases all documents, in other words, gm is not complying completely and the federal government says enough, we want all the answers and documents. >> has gm said anything? why wouldn't they produce all the documents? >> well, gm answered the question
phil, what does it mean for general motors? >> susiusie, this is another example of them saying knock it off, give us all the information as quick as possible or else we'll go to federal court and demand it if you don't turn it over as quickly as possible. some people will hear it and say $7,000 a day? will that really compel general motors to come forward and turn over the documents? that is not the point here, that, the maximum allowed by law, $7,000 a day which is what they were fined...
79
79
tv
eye 79
favorite 0
quote 0
that is where a faulty ignition switch was manufactured for general motors. startlingly general motors now has two shifts of workers making the replacement for that defective ignition switch as they work at a mexican plant. they should be ready for shipment later this month. so our first guest tonight says it may have been a culture of corruption, but there is a higher standard at gm since the company went bankrupt. joining us now is the executive editorial director of the kelley blue book. >> read to be with you. >> watching mary is sworn in. stepping up i gave her great credit. i have to tell you that i was unimpressed with her answers which i expected to be more director more forthcoming the way in which he was standing up in the days and moments preceding the swearing-in. >> i think you're not alone. i think the congressman and the senators were equally unimpressed with that. the good news is that most people didn't watch all the testimony and they are going to see her testifying before congress. lou: she has a very strong reputation in the automobile ind
that is where a faulty ignition switch was manufactured for general motors. startlingly general motors now has two shifts of workers making the replacement for that defective ignition switch as they work at a mexican plant. they should be ready for shipment later this month. so our first guest tonight says it may have been a culture of corruption, but there is a higher standard at gm since the company went bankrupt. joining us now is the executive editorial director of the kelley blue book....
473
473
Apr 1, 2014
04/14
by
KDTV
tv
eye 473
favorite 0
quote 1
de vehiculos llamados a revision desde febrero y varios accidentes, obigan a la nueva jefa de general motorsarecer ante el congreso.y hasta 7 millones de personas obtienen un seguro de salud a traves de la nueva ley. hoy vence el plazo para inscribirse.comenzamos. . autoridades mexicanas verifican esta noche que una persona que fue abatida en querearo por elementos de la marina es enrique plancarte solis, uno de los maximos jefes de la organizacion criminal de los caballeros templarios.joaquin fuentes tiene mas detalles desde la ciudad de mexico. los obispos catolicos de ciudades fronterizas experimentaron hoy lo quemuchos inmigrantes tienen que pasar para buscar el sueqo americano, cruzando el desierto sin guias, sin agua ni alimentos!!maqana planean unirse en oracion para pedir por los aproximadamente 6.000 inmigrantes que han muerto en los ultimos 15 anos buscando ese sueqo!!maria antonieta collins se unio a los prelados en nogales, arizona. general motors dijo hoy que "un millon 300-mil" de sus vehiculos en estados unidos tienen que ser reparados porque el sistema electrico con el que op
de vehiculos llamados a revision desde febrero y varios accidentes, obigan a la nueva jefa de general motorsarecer ante el congreso.y hasta 7 millones de personas obtienen un seguro de salud a traves de la nueva ley. hoy vence el plazo para inscribirse.comenzamos. . autoridades mexicanas verifican esta noche que una persona que fue abatida en querearo por elementos de la marina es enrique plancarte solis, uno de los maximos jefes de la organizacion criminal de los caballeros templarios.joaquin...
79
79
Apr 24, 2014
04/14
by
FBC
tv
eye 79
favorite 0
quote 0
general motors, people always asking is the worst over for general motors? reported results that beat earnings per share expectations despite a sharp decline in first quarter profit many analysts seem to agree that gm has overcome the worst of the recall crisis that affected this quarter's earnings because the cars that were involved they simply don't make anymore but the company is facing other hurdles on the road like truck sales. not as strong as some would like to see and exposure to south america and china as it races ahead to the next quarter. after an initial spike in mineral motors stock here is what it is doing, reversing, down 34 pennies or 1% to $34.04 sense. will gm live up to street expectations beyond these quarter numbers. joining our all-star panel, morgan creek capital management, the ceo, known as general motors shares, on the phone. foxnews.com automotive editor, and we research president covers general motors joining us as well as our very own jeff flock. i will begin with the numbers. what did you think? >> revenues are up. profits would
general motors, people always asking is the worst over for general motors? reported results that beat earnings per share expectations despite a sharp decline in first quarter profit many analysts seem to agree that gm has overcome the worst of the recall crisis that affected this quarter's earnings because the cars that were involved they simply don't make anymore but the company is facing other hurdles on the road like truck sales. not as strong as some would like to see and exposure to south...
163
163
Apr 1, 2014
04/14
by
MSNBCW
tv
eye 163
favorite 0
quote 0
general motors tragically recalling millions of cars a decade too late.invent their country with a new president. and major league baseball lands a spot in our heroes and zeros with its instant replay developments. looking at things they previously couldn't examine after the fact. it's all ahead, but it's not too late to look at our headlines. >>> new trouble for general motors. the company's head comes face to face with lawmakers following an emotional meeting she had with the families of accident victims last night. >> we have apologized. >>> the united states is in talks with israel about releasing spy jonathan pollard early. >> part of a former navy analyst is serving time for spying for israel. >> the cia may have misled the government for years. >> officials exaggerated the significance gained through prisoners
general motors tragically recalling millions of cars a decade too late.invent their country with a new president. and major league baseball lands a spot in our heroes and zeros with its instant replay developments. looking at things they previously couldn't examine after the fact. it's all ahead, but it's not too late to look at our headlines. >>> new trouble for general motors. the company's head comes face to face with lawmakers following an emotional meeting she had with the...
130
130
Apr 1, 2014
04/14
by
KQED
tv
eye 130
favorite 0
quote 0
in the hot seat, the new head of general motors is called before congress where she offers an apology for the defective cars which have led to more than a dozen deaths. and a piece of history goes on the auction block. the last letter written aboard the titanic could soon belong to the highest bidder. welcome to our viewers on public television here in america and also around the globe. today, nato suspended all practical cooperation with russia in response to moscow's annexation of crimea. it's the first time the ministers of the 28-nation alliance have met since then, and according to the secretary-general, there are no signs of russia withdrawing its troops on the ground. nato, something has changed in the wake of russia's seizure of crimea and its continuing military threat to eastern ukraine. detentions have given a new to nato's deliberations. >> russia's aggression against ukraine is the gravest threat to european security and a in a generation, and it challenges our vision of a europe whole, free, and at peace. >> this was the first foreign ministers meeting since the crisis i
in the hot seat, the new head of general motors is called before congress where she offers an apology for the defective cars which have led to more than a dozen deaths. and a piece of history goes on the auction block. the last letter written aboard the titanic could soon belong to the highest bidder. welcome to our viewers on public television here in america and also around the globe. today, nato suspended all practical cooperation with russia in response to moscow's annexation of crimea....
56
56
Apr 16, 2014
04/14
by
BLOOMBERG
tv
eye 56
favorite 0
quote 0
general motors chief executive says that the massive safety recall took too long to enact and that general motors has begun shipping recall parts, that happened last week. she made the comments at the national automobile dealers association today in new york. let's listen. >> we know the world is watching and we know we'll be judged by our actions but i can tell you, everybody is working 24/7 to make sure we are doing the right thing. >> all right, doing the right thing. but the right thing according to u.s. senator blumenthal is for g.m. to ground all affected automobiles and be up front about the dealerships. the company is getting parts to dealers as quickly as possible, with some detail and reaction, i want to bring in the senator. he joins us now from hartford, connecticut. thank you for being here. let's begin by what you feel is an appropriate response to g.m.'s current position. >> i agree with mary that g.m. should do the right thing, without the compulsion or intervention of the government or the department of justice. and the right thing here is to tell its customers driving its
general motors chief executive says that the massive safety recall took too long to enact and that general motors has begun shipping recall parts, that happened last week. she made the comments at the national automobile dealers association today in new york. let's listen. >> we know the world is watching and we know we'll be judged by our actions but i can tell you, everybody is working 24/7 to make sure we are doing the right thing. >> all right, doing the right thing. but the...
121
121
Apr 1, 2014
04/14
by
MSNBCW
tv
eye 121
favorite 0
quote 0
general motors will do the right thing. that's what ceo mary barra plans to tell congress today as she testifies amid a brand new recall involving a sudden loss of power steering that brings the total to 6 million gm vehicles now recalled. sara's family believes the initial problem of faulty ignition switch lead to her death. barra met with families last night alabama apologized, saw picture of the 13 victims who died. today she'll apologize publicly and admit as she did in the youtube video, that the company doesn't know why it took more than a dpad to detect the problem. clearly the fact it took over ten years indicates we have work to do to improve our process. >> reporter: congressional staffers sifted through 200,000 documents. including one that a gm engineer signed off on a change to fix the switches before testifying he knew nothing about it. >> all we would like to see is general motors take a step back. instead of trying to just make this switch better, bimd the safest possible switch in all the vehicles they have
general motors will do the right thing. that's what ceo mary barra plans to tell congress today as she testifies amid a brand new recall involving a sudden loss of power steering that brings the total to 6 million gm vehicles now recalled. sara's family believes the initial problem of faulty ignition switch lead to her death. barra met with families last night alabama apologized, saw picture of the 13 victims who died. today she'll apologize publicly and admit as she did in the youtube video,...