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Jun 17, 2014
06/14
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gerri: well, as victims real from terrible losses, dangerous gm cars are still on the road. r months after the ignition switch recall began gm has repair just 7%-- 7% of the 2.6 million vehicles. foxbusiness joins me now from the gm dealership in naperville, illinois, jeff, only 7% of these cars repaired, why? >> it was very difficult to get these parts remanufactured because we're talking about very old cars and all parts and they had to start the production line against. i'm in a service department here as you point out at a buick gmc and i will tell you parts in this box here. what he just showed me these and these are parts coming in and we are talking about multiple different recalls. you don't make these cars. you are the person though who has to interact with the customer. what are you hearing from the customer? >> well, the customers are very understanding now as long as we communicate with them what the problem is, what it takes to fix it and that we can do. these two vehicles are waiting to get delivered today and we have 75 parts where we can get 75 cars repaired g
gerri: well, as victims real from terrible losses, dangerous gm cars are still on the road. r months after the ignition switch recall began gm has repair just 7%-- 7% of the 2.6 million vehicles. foxbusiness joins me now from the gm dealership in naperville, illinois, jeff, only 7% of these cars repaired, why? >> it was very difficult to get these parts remanufactured because we're talking about very old cars and all parts and they had to start the production line against. i'm in a...
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Jun 18, 2014
06/14
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would you let your son or daughter drive a gm car? no, gm has too many quality control problems. t and automotive industry do not mix. oh, yes. only american cars in my driveway. gm, ford, chrysler. toyota not allowed. as far as i am concerned to let gm go out of business. very difficult to ignore these problems. many people will never trust gm again. lots of opinions, lots of folks. coming up next, dr. osborne it's tough medicine over his plans of a miracle weight-loss products. next we will take a look at how celebrities are taking a vantage of their power. here's your consumer gauge. gas prices ticking up 1 percent from yesterday. stocks looking on fire. we will be right back. ♪ ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. hurry, before this opportunity cools off. ♪ gerri: celebrity position received a harsh scolding from senators at a hearing about false and deceptive diet ads. joining to discuss, psychologists and record nut
would you let your son or daughter drive a gm car? no, gm has too many quality control problems. t and automotive industry do not mix. oh, yes. only american cars in my driveway. gm, ford, chrysler. toyota not allowed. as far as i am concerned to let gm go out of business. very difficult to ignore these problems. many people will never trust gm again. lots of opinions, lots of folks. coming up next, dr. osborne it's tough medicine over his plans of a miracle weight-loss products. next we will...
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Jun 28, 2014
06/14
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for the sleuthing of an engineer hired by a trial attorney who represented a woman who died in her gm car, we might still be in the dark. a recently completed company initiated investigation found the delay was a, quote, culture of complacency problem at gm. just last week another 3 million plus cars were recalled bringing the total this year alone to more than 20 million vehicles. that's for a wide array of problems. just yesterday gm announced four more safety recalls covering nearly 430,000 vehicles nationwide. that covers nearly 30,000 air bag inflaters in the most popular model, the chevy cruise. the new ceo has testified before congress a couple times now and has promised to take care of the problems. but correcting of corporate culture many years in the making won't be easy. which brings me to our exclusive interview with my guest who started on a gm assembly line in 1968 then moved up the company ladder and was put in charge of a corporate quality audit checking cars for defects that were about to be delivered to dealerships. what he saw alarmed him. i spoke to him earlier and i'l
for the sleuthing of an engineer hired by a trial attorney who represented a woman who died in her gm car, we might still be in the dark. a recently completed company initiated investigation found the delay was a, quote, culture of complacency problem at gm. just last week another 3 million plus cars were recalled bringing the total this year alone to more than 20 million vehicles. that's for a wide array of problems. just yesterday gm announced four more safety recalls covering nearly 430,000...
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Jun 19, 2014
06/14
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he writes i would not buy a gm car and would not want my grown kids to owner driver. the same topic, john for maryland says i have a new acronym for gm, the great mistake. i love hearing from you, send me an e-mail. go to gerri willis.com. next, how the supreme court could turn the tv industry on its head and here's your consumer gauge, the s&p 500 is up 6% for the year. good news, we will all retire someday, my friend. we will be right back. common ki. ...it's not caused by a heart valve problem. dad, isays your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your
he writes i would not buy a gm car and would not want my grown kids to owner driver. the same topic, john for maryland says i have a new acronym for gm, the great mistake. i love hearing from you, send me an e-mail. go to gerri willis.com. next, how the supreme court could turn the tv industry on its head and here's your consumer gauge, the s&p 500 is up 6% for the year. good news, we will all retire someday, my friend. we will be right back. common ki. ...it's not caused by a heart valve...
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Jun 20, 2014
06/14
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FBC
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the attorney leading that suits reid did if you own and gm cars. >> the argument has devalued all brands with the ignition switch. but they are on fire with a sales gimmick that is the same after toyota after they recalled 2.5 million cars they gave dealers a huge incentives to keep the sails up and gm is doing the same thing. the roar -- there was of market appreciation. neil: but bin in terms of the perceived value. >> we have seen efforts of $3,000 or more depending on the cover model. neil: $10 billion? >> i took 15 million karzai was being conservative in this category with some number around $1,000 and came up with 15 billion but we said tend to be conservative. neil: you must know there is no chance in hell you will get that stuff like that is what people said with toyota and i got 1.6 billion. that started with priests -- was searching cars. >> but it didn't start off like that. >> is start off with the government announcing there was no problem note unintended in acceleration problem. neil: but have you heard from gm? >> the only thing is doing is to take the entire case thrown
the attorney leading that suits reid did if you own and gm cars. >> the argument has devalued all brands with the ignition switch. but they are on fire with a sales gimmick that is the same after toyota after they recalled 2.5 million cars they gave dealers a huge incentives to keep the sails up and gm is doing the same thing. the roar -- there was of market appreciation. neil: but bin in terms of the perceived value. >> we have seen efforts of $3,000 or more depending on the cover...
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Jun 30, 2014
06/14
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represent the families of people who were killed or injured while driving some of these defect tiff gm cars. i'm going to start with bob. we've had you on many times. you talked about your clients. you talked about gm pretty much at length. my question for you tonight is, will you recommend that your clients take the deal that feinberg is discussing? >> good afternoon, gerri. we don't know what the deal is yet. i will recommend that they participate in the plan because there is no downside. at the end of the day, ken feinberg will make an award f that award is unreasonable or not fair, then they can walk away at that point. there is no such thing as too much information and while we put them in the plan we can still pursue their litigation. and once the award is made, again, we'll sit down and advise each client based on that client's specific fact situation because there are some attractive components to it as mr. feinberg set out. lack of contributory negligence as a defense. no bankruptcy as a defense. so we're really be a case-by-case, client by client evaluation, after the award is mad
represent the families of people who were killed or injured while driving some of these defect tiff gm cars. i'm going to start with bob. we've had you on many times. you talked about your clients. you talked about gm pretty much at length. my question for you tonight is, will you recommend that your clients take the deal that feinberg is discussing? >> good afternoon, gerri. we don't know what the deal is yet. i will recommend that they participate in the plan because there is no...
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Jun 3, 2014
06/14
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reuters found at least 74 people died in gm cars in accidents with key similarities to those linked toaths gm has already acknowledged. gm says it uncovered those 13 deaths through claims and lawsuits and has not said whether it has referenced the database used by reuters. gm declining to comment on this latest analysis. we're going to find out later this morning whether reports like this have kept americans from buying gm cars. may sales numbers due out today. and so far, berman, i have not seen sales decline because of all of this recall stuff. in general, people are still buying gm cars. >> interesting. gives you a sense, though, why gm may have been so proactive over the last few months, at least, on this scandal, if they're concerned more could be coming out. >> that's true. >> "early start" continues right >> "early start" continues right now. -- captions by vitac -- www.vitac.com >>> happening now, new questions and controversy over the prison swap that freed a captured american soldier and returned five terrorists back to the taliban. this morning, new interviews with sergeant
reuters found at least 74 people died in gm cars in accidents with key similarities to those linked toaths gm has already acknowledged. gm says it uncovered those 13 deaths through claims and lawsuits and has not said whether it has referenced the database used by reuters. gm declining to comment on this latest analysis. we're going to find out later this morning whether reports like this have kept americans from buying gm cars. may sales numbers due out today. and so far, berman, i have not...
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Jun 30, 2014
06/14
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how many cars is gm estimated to sell this year? where are we?y they are probably gonna sell about 2.6, 2.7 million, in the united states. now, worldwide, they are gonna sell close to 10 million, about 9.8 million. that's the worldwide number, but here in the u.s., going to be david. 5, way past and we are not even six months, at the six-month mark in this year. blowing past all previous records here. >> very quickly, can we quantify what impact this has had on people's decision whether or not to buy a gm car, that is hurt the dealers? >> mandy, that's the surprising thing, thats athe surprising thing, sales have held up, traffic has held up. you look at their market share in january and where it's going to be, getle the sales numbers tomorrow it is down trackly, sales up 2% this year. so it's not keeping people out of the show room it is not keeping people from going in and buying. up until now, for some reason, a lot of people have said, you know what these at old gm. those vehicles recalled, doesn't impact what i'm seek in the show room now. b
how many cars is gm estimated to sell this year? where are we?y they are probably gonna sell about 2.6, 2.7 million, in the united states. now, worldwide, they are gonna sell close to 10 million, about 9.8 million. that's the worldwide number, but here in the u.s., going to be david. 5, way past and we are not even six months, at the six-month mark in this year. blowing past all previous records here. >> very quickly, can we quantify what impact this has had on people's decision whether...
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gm did not manufacture this car and gm did not sell this car. when in fact, it was gm. they're simply saying there is invisible line beyond which they are not going to be responsible for. gerri: that invisible line of course is the bankruptcy. they're maintaining that it is two totally different companies. that the old gm pre-bankruptcy is a different company than the new gm, emerged from bankruptcy but really hard to tell because a lot of the players are the same. i want to read you, we have exclusively fox business a response from general motors, gm. this is what they have to say tonight. general motors they say has taken responsibility for its actions and will keep doing so. we also have acknowledged that we have civic and legal obligations relating to injuries that may relate to recalled vehicles. that is why we retained kenneth feinberg to advise us of what options may be available to deal with those obligations. lauren, to you, what is your response to this statement, and, are they waiting for feinberg to make some kind of a public statement or give some kind of a
gm did not manufacture this car and gm did not sell this car. when in fact, it was gm. they're simply saying there is invisible line beyond which they are not going to be responsible for. gerri: that invisible line of course is the bankruptcy. they're maintaining that it is two totally different companies. that the old gm pre-bankruptcy is a different company than the new gm, emerged from bankruptcy but really hard to tell because a lot of the players are the same. i want to read you, we have...
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Jun 26, 2014
06/14
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. >> reporter: topping america's money a new safety involving gm cars, general motors is telling dealers to stop selling chevrolet cruises. there's a problem with airlines. the cruise is gm's best selling passenger car in the u.s. >>> the government said fresh fruit and vegetable prices will rise 6% because of the california drought. the state produces half the country's fruits and vegetables. starbucks is offering ice tea drinks at half price only at certain locations and between 2:00 p.m. and 5:00 p.m. >>> mcdonald's is testing a mobile app that let's customers order an pay, so far it only works in georgia that's america's money, i'm renin renin ninen. >> a violent home >and that's "america's money," i'm reena ninan. >and that's "am i'm reena ninan. >and that's "am" i'm reena ninan. and that's "am money," i'm reena ninan. cut! [bell rings] this...is jane. her long day on set starts with shoulder pain... ...and a choice take 6 tylenol in a day which is 2 aleve for... ...all day relief. hmm. [bell ring] "roll sound!" "action!" we fill our freshly baked flatbread, with bold, unflat flavor
. >> reporter: topping america's money a new safety involving gm cars, general motors is telling dealers to stop selling chevrolet cruises. there's a problem with airlines. the cruise is gm's best selling passenger car in the u.s. >>> the government said fresh fruit and vegetable prices will rise 6% because of the california drought. the state produces half the country's fruits and vegetables. starbucks is offering ice tea drinks at half price only at certain locations and...
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Jun 25, 2014
06/14
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FBC
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the chevy cruze is one of the company's best-selling cars. gm sell telling all north american dealers to stop setting that is, 2013 and 2014 chevy cruze. this is the none a official recall. that is what we're told. dealers are being instructed not to deliver cars to customers. gm says it doesn't know yet if there have been any crashes, injuries or debts related to latest problems. you can be sure we'll give you latest details as we get them. gm has already issued had 4 recalls this year -- 44 recalls this year covering 20 million vehicles worldwide. we have a lot more to come this hour including your voice. during the show, let us know what you think of the topics tonight. facebook me, tweet me @gerriwillisfbn or send me an email at gerriwillis.com. at the bottom of the hour we'll share all those comments. >>> listen to this, whole foods reputation is getting bruised. the pricey grocery store is busted, busted for overcharging customers. we'll tell you how they did it next. ♪. gerri: you know the upscale grocery chain whole paycheck, i mean, who
the chevy cruze is one of the company's best-selling cars. gm sell telling all north american dealers to stop setting that is, 2013 and 2014 chevy cruze. this is the none a official recall. that is what we're told. dealers are being instructed not to deliver cars to customers. gm says it doesn't know yet if there have been any crashes, injuries or debts related to latest problems. you can be sure we'll give you latest details as we get them. gm has already issued had 4 recalls this year -- 44...
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Jun 26, 2014
06/14
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seems every gm car is affected, doesn't it? >> well this cruze is gm's best selling car.ny is again selling that vehicle, the 2013-2014 chevy cruze. they have rescinded the stop sale order and here is why. they have located every single one, tens of thousands of them, some 33,000, every one of the cars with this potentially faulty inflater on the driver's side airbag that could be a problem. they're finding those cars and they're going to fix them. they're now selling these cars again. it is their best selling car, 248,000 of those sold last year, so the stop sale could put a dent in june sales if they couldn't sell them for a couple of days. this is a real problem for mary b barra and gm. the perception, your car is a computer, a specialized computer, with lots of parts from lots of different suppliers and if they're going to be recalling them over and over again or stop sales to fix a product, that makes consumers mad because they paid a lot of money for something, expected to work. it's really been a hit on the auto industry but specifically gm so far this year. >> abs
seems every gm car is affected, doesn't it? >> well this cruze is gm's best selling car.ny is again selling that vehicle, the 2013-2014 chevy cruze. they have rescinded the stop sale order and here is why. they have located every single one, tens of thousands of them, some 33,000, every one of the cars with this potentially faulty inflater on the driver's side airbag that could be a problem. they're finding those cars and they're going to fix them. they're now selling these cars again. it...
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Jun 26, 2014
06/14
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and so far, it does not apply to cars already sold. the cruze is gm's best-selling passenger car in the u.s. >>> people are going to see and feel the effects of the california drought. the government says fresh fruit and vegetable prices are going to rise about 6% in the next few months. california produces half of the country's fruits and vegetables. who says you can't get something free from starbucks. it's offering teavana drinks at some locations today. starbucks introduced new teavana flavors. but we'll take the half-off, huh? >>> mcdonald's is testing a mobile app that lets customers order and pay before they reach the restaurants. then, you go to an express pickup location. you can download the app now. but so far, it's only working in columbus, georgia. they have to work that out. >>> when we come back, a hollywood a-lister and his family are rescued from waging waters. >>> and she's no golden girl. the suspected purse-stealing grandma. and she's under arrest this morning. ♪ ♪ ♪ i dbefore i dosearch any projects on my home. i love my contractor,
and so far, it does not apply to cars already sold. the cruze is gm's best-selling passenger car in the u.s. >>> people are going to see and feel the effects of the california drought. the government says fresh fruit and vegetable prices are going to rise about 6% in the next few months. california produces half of the country's fruits and vegetables. who says you can't get something free from starbucks. it's offering teavana drinks at some locations today. starbucks introduced new...
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Jun 16, 2014
06/14
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ALJAZAM
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general motors is recalling more cars. gmd another 3.4 million of its cars have ignition keys that may move out of position if they are carrying too much weight. and yes, the problem is similar to the issue that caused the company to recall 2.6 million cars with ignition switch issues linked to 13 deaths. today's recall affects seven models made between 2000 and 2014. if you have any kind of gm car please go check it out. there are a few brands where nothing has been recalled, but still just to stay on the safe side. it is also boosting the charge it is taking in the quarter to $70 million. this all comes two days before mary barry returns to congress to testify about the earlier recall. joining me is new york op-ed columnist. thanks for being here. >> thanks for having me. >> is gm being cautious of lawsuits, being politically smart, or overly cautious. because now they are all sitting there going let's look at everything and be extra safe. should we be complimenting them? >> they have gone from a company that had a culture
general motors is recalling more cars. gmd another 3.4 million of its cars have ignition keys that may move out of position if they are carrying too much weight. and yes, the problem is similar to the issue that caused the company to recall 2.6 million cars with ignition switch issues linked to 13 deaths. today's recall affects seven models made between 2000 and 2014. if you have any kind of gm car please go check it out. there are a few brands where nothing has been recalled, but still just to...
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Jun 28, 2014
06/14
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gm. just last week another 3 million plus cars were recalled bringing the total this year alone nor than 20 million vehicles. for a wide array of problems. in fact just yesterday gm announced four more safety recalls covering nearly 430,000 vehicles nationwide. that covers nearly 30,000 airbag inflators in the most popular model, the chevy cruz. new ceo mary barra has testified before congress a couple of times now and has promised to take care of the problems. but correcting a corporate culture many years in the making won't be easy, which brings me to our exclusive interview with william maceleer. he started on the assembly line in 196. he moved up the ladder. what he saw alarmed him. i spoke to him early and i'll let him pick it up from there. >> i know that you became concerned in your role as being in charge of gm's corporate quality audit about what you referred to as safety defects. was your concern something that arose suddenly or did it develop over time because of what you were seeing in the field? >> well, what happened was around 1996 and '95 we were asked to include a check o
gm. just last week another 3 million plus cars were recalled bringing the total this year alone nor than 20 million vehicles. for a wide array of problems. in fact just yesterday gm announced four more safety recalls covering nearly 430,000 vehicles nationwide. that covers nearly 30,000 airbag inflators in the most popular model, the chevy cruz. new ceo mary barra has testified before congress a couple of times now and has promised to take care of the problems. but correcting a corporate...
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Jun 18, 2014
06/14
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>>> a house subcommittee will hear testimony from ceo mary barra, regarding recall of millions of gm cars wants to know about the finding of an internal report why it took gm more than a decade to recall cars with defect iffiginition switches. >>> scientists have revealed the latest study to weigh the risks and benefits of mammograms, they found that they could reduce the risk of breast cancer by 30% and concluded the benefits of mammograms are great enough to continue national programs. previous studies say it's so sensitive, that could lead to abnormalalitieses that [cell phone chime] yeah! [giggling excitedly] [splashing water] c'mon! (announcer) ready for a little fun? you could scratch your way to instant winning. play the pennsylvania lottery's new instant game, $1,000 frenzy, with 8 top prizes of $300,000. it's kinda fun to make a splash. keep on scratchin'. >>> looking live from chopper 6 hd over george washington high school in northeast philadelphia high school. they are dismissed about 7 minutes ago. students have been dismissed from philadelphia schools because of the heat abo
>>> a house subcommittee will hear testimony from ceo mary barra, regarding recall of millions of gm cars wants to know about the finding of an internal report why it took gm more than a decade to recall cars with defect iffiginition switches. >>> scientists have revealed the latest study to weigh the risks and benefits of mammograms, they found that they could reduce the risk of breast cancer by 30% and concluded the benefits of mammograms are great enough to continue...
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Jun 27, 2014
06/14
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chore of putting a value on a human life, and maybe also on injuries that happened inside of the gm carswere the 13 deaths and 54 crashes, but ken feinberg has been given a great deal of authority inside gm to make a determination of who is eligible, the scope of this, what they'll be paid, what they'll be compensated for and just what it's going to look like. we'll find out on monday. here are some of the things he's worked on before, the deepwater horizon spill, $20 billion, the $7 billion for the 9/11 terrorist attack and $61 million for the boston marathon bombing. the marathon bombing payout was donations. he was asked to take the voluntary donations and disburse them among the victim's families, $2.2 million for each marathon victim is what he gave, $208,000 for the virginia tech massacre, per victim there, and the 9/11 terrorist attack he has said ken feinberg said he learned some lessons from that. that you might recall some people for example restaurant workers families got less money back than an investment banker based on their projected future earnings, and that rubbed people
chore of putting a value on a human life, and maybe also on injuries that happened inside of the gm carswere the 13 deaths and 54 crashes, but ken feinberg has been given a great deal of authority inside gm to make a determination of who is eligible, the scope of this, what they'll be paid, what they'll be compensated for and just what it's going to look like. we'll find out on monday. here are some of the things he's worked on before, the deepwater horizon spill, $20 billion, the $7 billion...
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Jun 26, 2014
06/14
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more trouble for the top-selling gm car on the road, chevy cruz. gm told dealerships not to sell 2013 and 2014 models until they can fix a potential problem with air bags. we have more information on our website, nbcnews.com. by the way, gm ceo mary barra sits down for an interview tomorrow morning on "today." >>> and a big part of the upper midwest is struggling with a flood emergency. the kind of conditions not seen in that region in years. rivers are rising and there's more rain, sadly, on the way. john yang is along the mississippi river in st. paul tonight. good evening. >> reporter: good evening, brian. i'm on a walkway along the mississippi river, but as you can see, i'm actually in the mississippi river. the river is swollen by rain and still rising. and flooding is just one of the weather extremes this region has been dealing with. >> tornado! look at it! >> reporter: violent summer storms tracked through the midwest this week. in indiana, tornados. in minnesota, record rain and widespread flooding. across the region, thousands have been dr
more trouble for the top-selling gm car on the road, chevy cruz. gm told dealerships not to sell 2013 and 2014 models until they can fix a potential problem with air bags. we have more information on our website, nbcnews.com. by the way, gm ceo mary barra sits down for an interview tomorrow morning on "today." >>> and a big part of the upper midwest is struggling with a flood emergency. the kind of conditions not seen in that region in years. rivers are rising and there's...
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Jun 7, 2014
06/14
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chevy silver ados, camaros and other makes, these latest recalls make a total of nearly 4 million gm carsand trucks called in this year. >>> if you don't own a car you may be familiar with uber, the app-based car service that competes with traditional taxi cabs and black cars in cities. uber says they just secured $2.1 billion in funding giving the company a market funding, this is a taxi service basically, a market value of more than $18 billion. >>> and concerns about accounting issues pressured shares of hertz, the company is reviewing its records for 2012 and 13 for regulatory filing. hertz expected first quarter results to be below estimates because of costs related to that review. ups named a company veteran as its next ceo. the package delivery giant's chief operating officer will take the top job september first, the company's current ceo, scott davis, will become the company chairman. he spoke today about the company's future. >> the biggest issue is we're going to continue to grow our international business. the merging markets are growing quickly. we have responded and we're go
chevy silver ados, camaros and other makes, these latest recalls make a total of nearly 4 million gm carsand trucks called in this year. >>> if you don't own a car you may be familiar with uber, the app-based car service that competes with traditional taxi cabs and black cars in cities. uber says they just secured $2.1 billion in funding giving the company a market funding, this is a taxi service basically, a market value of more than $18 billion. >>> and concerns about...
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Jun 3, 2014
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we just got those car sales numbers for the month of may up 13% year over year. when gmll like this, they are in effect luring thousands of customers into their dealerships for repairs. sales teams jump on that chance to encourage those customers to buy new cars. some customers get loaner cars and buy those loaner cars and you have to remember that recalls happen so frequently this year in general that customers have sort of grown immune to it. people sort of seem to be numb to it. it doesn't affect how they make their purchases. people tend to purchase based on brand loyalty. also you have to remember that two of the models most impacted by the ignition switch recall don't exist anymore. one thing i will say is even though car sales have not been impacted and gm share prices down 3% since february, what has been impacted is gm's profit. first quarter profit down 85%. it cost the car company $1.7 billion because of those recall issues. sales doing pretty well but profit not so much. >> recalls may not be over yet because reuters is reporting this morning that at least 74
we just got those car sales numbers for the month of may up 13% year over year. when gmll like this, they are in effect luring thousands of customers into their dealerships for repairs. sales teams jump on that chance to encourage those customers to buy new cars. some customers get loaner cars and buy those loaner cars and you have to remember that recalls happen so frequently this year in general that customers have sort of grown immune to it. people sort of seem to be numb to it. it doesn't...
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Jun 3, 2014
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reuters found at least 74 people died in gm cars in accidents with key similarities to those linked toered those 13 deaths through claims and lawsuits and has not said whether it has referenced the database used by reuters. gm declined to comment on that report. we're going to find out later this morning whether reports like these have kept americans from buying gm cars. may sales numbers for autos are due out today. and of course, auto sales usually are a really good gauge of just how well the consumer is doing, how well the economy is doing, and auto sales have been recovering over the past year. >>> the big story was apple coming out with their new announcements about their new products, new apps on health, the new ios operating system, but no news on iphones or ipads. >> you can go to cnnmoney and see all of our video and sound and analysis of the apple announcement yesterday. >> and "cnn money" is all new and all awesome. thanks for watching this morning. "new day" starts right now. one of the biggest names in football, dan marino now suing the nfl. the lawsuit rocking the sport.
reuters found at least 74 people died in gm cars in accidents with key similarities to those linked toered those 13 deaths through claims and lawsuits and has not said whether it has referenced the database used by reuters. gm declined to comment on that report. we're going to find out later this morning whether reports like these have kept americans from buying gm cars. may sales numbers for autos are due out today. and of course, auto sales usually are a really good gauge of just how well the...
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Jun 19, 2014
06/14
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cars. >> rough in washington. gmreleased it's investigation, taking ten years to recall cars with faulty ignitions, linked to 13 deaths. today, she emphasized internal review found no evidence of a cover up. some employees knew about the defect. gm recalled cars and there were millions more recalls. size of lawmakers demanded more answers. >> it identifies one individual in a position of high leadership responsible for these failures. gm says five were disciplined. >> if you buy furniture you have no way of knowing if it contains flame retardants or not. new regulation as lou furniture to be sold without flame retardants as he have been linked to reduced iq in children assembly will consider the bill next week. >> hot summer days are upon us it's time to think about sun protection. and that means slajerring on sun screen. right? well, as it turns out, sun screen and hats are not your only options now, there is something called sun protection clothing. it's becoming popular. the fabric blocks sun using a tight weave a
cars. >> rough in washington. gmreleased it's investigation, taking ten years to recall cars with faulty ignitions, linked to 13 deaths. today, she emphasized internal review found no evidence of a cover up. some employees knew about the defect. gm recalled cars and there were millions more recalls. size of lawmakers demanded more answers. >> it identifies one individual in a position of high leadership responsible for these failures. gm says five were disciplined. >> if you...
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Jun 17, 2014
06/14
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in the prepared testimony will go in detail on how gm is making safety a priority. 18 million gm carslled here in the u.s., that is more than gm solid here and a third of them are related to the switch recall, jeopa. >> a big story for the committee and business as well. >>> capture of a key suspect in the 2012 benghazi terror attack. for more on the suspect here, abu khattala, we are joined by ba rak ba fee who was six months in libya in the revolution. who is this guy? >> boot bot he was a movement of the sharia that sprung up after th the refalation. abu khattala has proclaimed everyone in libya to be infedells. >> he was a enemy of gaddafi. this begs the question of what happened to gaddafi and the power vacum that came in to place. >> this is one of the reasons that he became so popular. he spent years under the gaddafi after the ref lugz and they respected him. and people came to him for mediation service and in the power vacum that was created. people like him became powerful. >> he said he played no role in the attack and he was on the scene after the attack got under way and
in the prepared testimony will go in detail on how gm is making safety a priority. 18 million gm carslled here in the u.s., that is more than gm solid here and a third of them are related to the switch recall, jeopa. >> a big story for the committee and business as well. >>> capture of a key suspect in the 2012 benghazi terror attack. for more on the suspect here, abu khattala, we are joined by ba rak ba fee who was six months in libya in the revolution. who is this guy? >>...
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Jun 11, 2014
06/14
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a woman who was driving a gm car crashed, her fiance was killed. she claimed a lawsuit against gm. jenna, there's breaking news down on the wall street. >> we're going to be watching what's happening with the dow right now after the dow eked out another gain just slightly yesterday up by two points at the close. five consecutive trading days where the dow closed higher. looks like we're taking a little bit of a breather. taking a step away from the 17,000 mark. the dow trading lower they 100 points. we'll be right back with more. 47 but there are no branches? 24/7 i'm sorry- i'm just really reluctant to try new things. really? what's wrong with trying new things? you feel that in your muscles? yeah...i do... drink water. it's a long story. well, not having branches lets us give you great rates and service. i'd like that. experience a new way to bank where no branches = great rates. ally bank. your money needs an ally. mayo? corn dogs? you are so outta here! aah! [ female announcer ] the complete balanced nutrition of great-tasting ensure. 24 vitamins and minerals, antioxidants, and
a woman who was driving a gm car crashed, her fiance was killed. she claimed a lawsuit against gm. jenna, there's breaking news down on the wall street. >> we're going to be watching what's happening with the dow right now after the dow eked out another gain just slightly yesterday up by two points at the close. five consecutive trading days where the dow closed higher. looks like we're taking a little bit of a breather. taking a step away from the 17,000 mark. the dow trading lower they...
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Jun 17, 2014
06/14
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gm says changing the key design will prevent problems without needing to make actually repairs to the cars. but already to blame for eight accidents and six injuries. the slot in gm's old keys will be replaced with a hole to retribute the weight. gm says it hopes to begin replacing drivers' car keys in the next few years. bigad shaban, cbs news, burbank, california. >>> newly released photos of an emotional meeting between two grieving fathers in california. peter roger on the left, his son ellot killed six people in santa barbara before killing himself. and the other is richard martinez. his son was one of the victims. the two fathers came face-to-face and even hugged. martinez said they agreed to prevent gun violence. >>> and coming up on the "morning news," a list of the most stolen suvs. plus, tracy morgan. on the mend. an update on his condition after a serious crash. this is the "cbs morning news." ♪ ♪ woooooah. ♪ [ male announcer ] you're not just looking for a house. you're looking for a place for your life to happen. zillow. you're look♪ g for a place for your life to happen. [ ma
gm says changing the key design will prevent problems without needing to make actually repairs to the cars. but already to blame for eight accidents and six injuries. the slot in gm's old keys will be replaced with a hole to retribute the weight. gm says it hopes to begin replacing drivers' car keys in the next few years. bigad shaban, cbs news, burbank, california. >>> newly released photos of an emotional meeting between two grieving fathers in california. peter roger on the left,...
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Jun 17, 2014
06/14
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like our riders love uber. >> gm issued another recall, millions of cars are involved >> and a summershoe warning as well. >> yes. this gm thing is amazing. gm now recalled more cars this year than all of the cars bought by americans last year. today, the auto giant announced it's recalling 3.2 million cars because of the problem. today's recall affects some chevolets and buick models from 2000 to 2014. this latest recall brings gm total to $17.7 million cars recalled so far this year. most are similar to others, ignition can turn off unexpectedly. >> starbucks workers will be soon able to get a free education while working for the coffee giant. starbucks is offering a degree debt free, for free through asu online program. >>> a couple of large department stores are now having summer shoe sales in full swing. good for your looks but there could be a hidden danger. summer heat means athlete's foot. >> there are a lot of micro organisms >> bring your own socks or use those weird disposable ones. >> that is nice, michael. >> all right. well, a huge public art sculpture that is coming dow
like our riders love uber. >> gm issued another recall, millions of cars are involved >> and a summershoe warning as well. >> yes. this gm thing is amazing. gm now recalled more cars this year than all of the cars bought by americans last year. today, the auto giant announced it's recalling 3.2 million cars because of the problem. today's recall affects some chevolets and buick models from 2000 to 2014. this latest recall brings gm total to $17.7 million cars recalled so far...
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Jun 18, 2014
06/14
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CSPAN3
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i used to drive a gm car in the '70s. i never had a problem with it. >> on the this issue, let's focus on the issue at hand. how much do you trust gm to get the job fixed in terms of the ignition switch problem? >> caller: gm is a good company. >> here's burton in new york. >> caller: i'm concerned about the beast. the present car is a general motors car. is that an ignition problem and the rest of the fleet are having an ignition problem? >> burton, thanks for your call. here's a picture from the washington post. this is the replacement ignition that the company is sending out. these are the new keys and ignition switch after the safety recall. an additional 3 million cars recalled this week. bringing the total on issues to gm to 20 million. barbara in ft. lauderdale, go ahead. >> caller: hi. i own an impala. >> how is it running and how is your trust level in gm? >> caller: i have had no problems until recentfully. haven't gotten to the dealership yet. the automatic lock doesn't work. i have no problem with gm. they have
i used to drive a gm car in the '70s. i never had a problem with it. >> on the this issue, let's focus on the issue at hand. how much do you trust gm to get the job fixed in terms of the ignition switch problem? >> caller: gm is a good company. >> here's burton in new york. >> caller: i'm concerned about the beast. the present car is a general motors car. is that an ignition problem and the rest of the fleet are having an ignition problem? >> burton, thanks for...
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Jun 30, 2014
06/14
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WHYY
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gm right now. but they recalled, what, 28 million cars so far this year. are we to the point now where maybe they're overdoing it? >> well, there's no doubt. when you look at the 54 recalls from general motors this year, a number of them are very ticky tack minor things that ordinarily would have been handled at the service bull ten. however, there are a number of substantial recalls amongst those 28 million that involve potentially deadly defects or in some cases are deadly defects. so you had to be careful about mao you look at it. it's a huge number, bill. there's no doubt about that. any time you have a company recalling 28 million vehicles, it's going to get a lot of attention. there are some in these recalls that are clearly initiated because the frederal government is looking at them so closely. >> collin, we've been talking about red flags for gm. the government still investigating for any criminal charges of general motors. if there are any criminal charges brought against general motors for any of the employees, how you would react to that? would
gm right now. but they recalled, what, 28 million cars so far this year. are we to the point now where maybe they're overdoing it? >> well, there's no doubt. when you look at the 54 recalls from general motors this year, a number of them are very ticky tack minor things that ordinarily would have been handled at the service bull ten. however, there are a number of substantial recalls amongst those 28 million that involve potentially deadly defects or in some cases are deadly defects. so...
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Jun 17, 2014
06/14
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FBC
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gm story. they recalled a grand total of almost 18 million cars, 17.7 to be precise, more than they sold. has not affected the stock. news of an extra recall down $0.14, holding $35.92. the lead investigator in the gm story, this is what he is going to say in congress. gm engineers were fully aware of the ignition switch problem but did not consider safety issue. the fatality and injury is mounted gm personnel displayed no sense of urgency in determining the cause. rich edson getting that testimony first on fox business. charles payne is with me. look at the stock with all this lousy pr, legal issues hanging over them and still close to 36, would you buy it? charles: i would not buy it but it will go higher. a lot of stocks are outperforming the worst is over. they continue to take market share. they started late last year taking market share. mary bauer, and give her a b minus so far and looks like people in taking this in stride. stuart: she is appearing before congress tomorrow. before how many car companies and can recall in the last few months? so commonplace these days. stuart: reme
gm story. they recalled a grand total of almost 18 million cars, 17.7 to be precise, more than they sold. has not affected the stock. news of an extra recall down $0.14, holding $35.92. the lead investigator in the gm story, this is what he is going to say in congress. gm engineers were fully aware of the ignition switch problem but did not consider safety issue. the fatality and injury is mounted gm personnel displayed no sense of urgency in determining the cause. rich edson getting that...
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Jun 4, 2014
06/14
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BLOOMBERG
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clearly bear that out, gm sales are up for two percent last month, -- 13% last month, but it is a sign of the conventional wisdom. one would think that potential buyers would hear the carl, and think, i will buy a ford. found is theve reputation damage takes longer to filter into consumer behavior and the pattern that we are seeing with gm is actually more similar to that which we saw with lululemon, despite being in different categories. the impact was not seen until six or nine months later. we think that's the case with gm. >> how much does cost play a role here? gm stem some of the reputational damage, potential damage to its sales by offering consumers more incentives, discounts, rebates, the sorts of things we saw a lot of before the financial crisis but have become scarcer as companies become better managed? >> they absolutely make an impact and we may see that later in the year it sales slowdown. i think they have been reluctant to do so because the models on the shelves now are not the focus of the recall. that is often a tried-and-true trick used in the auto industry and we may see some of it later. but we think there are a lot of shoes left to drop in this i
clearly bear that out, gm sales are up for two percent last month, -- 13% last month, but it is a sign of the conventional wisdom. one would think that potential buyers would hear the carl, and think, i will buy a ford. found is theve reputation damage takes longer to filter into consumer behavior and the pattern that we are seeing with gm is actually more similar to that which we saw with lululemon, despite being in different categories. the impact was not seen until six or nine months later....
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Jun 19, 2014
06/14
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MSNBCW
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the suit claims the automaker hurt the resale value of millions of gm cars by waiting a decade to initiate the recalls. meanwhile, e-mails from 2005 suggested gm employee warned the switches were a serious problem that could lead to a big recall. the details emerged as ceo mary barra testified again on capitol hill. the faulty parts have been linked to at least 13 deaths. >>> it may have been the worst kept secret in the tech world. >> can we build a better phone for amazon prime members? well, i'm excited to tell you that the answer is yes. [ cheers and applause ] >> amazon entered the smartphone business yesterday with the release of its fire phone. it features a 4.7-inch screen that the company is calling 3d capable. ceo jeff bezos says it also has the best camera of any phone, but maybe its most important feature? a visual recognition app for music, tv shows and other products. the company hopes customers might choose to buy these products directly from amazon. interesting. the fire phone will be available on july 25th exclusively through at&t starting at $200. that's interesting. for
the suit claims the automaker hurt the resale value of millions of gm cars by waiting a decade to initiate the recalls. meanwhile, e-mails from 2005 suggested gm employee warned the switches were a serious problem that could lead to a big recall. the details emerged as ceo mary barra testified again on capitol hill. the faulty parts have been linked to at least 13 deaths. >>> it may have been the worst kept secret in the tech world. >> can we build a better phone for amazon prime...
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Jun 3, 2014
06/14
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who is buying gm cars right now? >> a lot of people. think it was a surprising headline. it sounds crazy. you have all of these negative headlines and you, what, sell more new cars? the proof is that more people are going to the showrooms, more of that traffic means more people are buying these new cars. you've got to remember, thousands of people with these recalled cars are getting loner cars and then they are deciding that they need to buy those loners. it's a steep discount to all of those people. look at the numbers. gm sales up 13% in may from a year ago. one analyst said there have been so many recalls, consumers have become somewhat immune to it. keep in mind, it's not just gm. it's across the board toyota sales up 17%. >> gm has recalled more cars than it has sold in the last five years. does the company really consider this a win? >> it's one thing to have really strong sales numbers, no doubt. general motors, you have to remember, is in the middle of a criminal probe as to whether this company knowingly covered up the ignitio
who is buying gm cars right now? >> a lot of people. think it was a surprising headline. it sounds crazy. you have all of these negative headlines and you, what, sell more new cars? the proof is that more people are going to the showrooms, more of that traffic means more people are buying these new cars. you've got to remember, thousands of people with these recalled cars are getting loner cars and then they are deciding that they need to buy those loners. it's a steep discount to all of...
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Jun 19, 2014
06/14
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KPIX
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the suit filed here in california is seeking class action status to represent 15 million gm cars' owners. it alleges gm sold vehicles between july 102009 and april of this year and have lost value amid the controversy about faulty ignition switches. >>> a philadelphia resident wanted in germany for aiding and abetting in the killings in auschwitz is in custody in the u.s. without bail. germans have charged 89-year- old johann breyer with 158 counts of homicide. they say he is a former nazi who helped kill 3,000 people during world war ii. >>> germans want breyer extradited as soon as possible. >> the other guards who were in that circumstance in the battalion he belonged to made it possible for the killings. >> germans would like breyer extradited as soon as possible. that hearing is set for august. his lawyers say the man is too old, sick and weak to stand trial. >>> alcatraz is considered by some to be one of the most haunted places in america. >> kpix 5's brian webb shows us a couple of tourists say they now have proof. >> welcome back, you guys. welcome back. >>> reporter: more than
the suit filed here in california is seeking class action status to represent 15 million gm cars' owners. it alleges gm sold vehicles between july 102009 and april of this year and have lost value amid the controversy about faulty ignition switches. >>> a philadelphia resident wanted in germany for aiding and abetting in the killings in auschwitz is in custody in the u.s. without bail. germans have charged 89-year- old johann breyer with 158 counts of homicide. they say he is a former...
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Jun 18, 2014
06/14
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FOXNEWSW
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will any gm cars with these defective cars still stay on the road? answer, yes, they will.n you recall vehicles only one-third -- two-thirds of them are fictions, one-third don't get fictioned. the owners don't want to bother with it, they don't harper about the recall, they leave them as is. so defective cars will still be on the road with defective parts and they will be driven. three questions, three answers. martha: heads up to all of the owners of the gm cars. the stock has done okay. the stock market likes to get the news out and flesh it out. bill: another benghazi suspect on his way to washington, d.c. but should the ship he's on go straight to gitmo? then there is this ... martha: that's problem. bull on the loose. see the rampage as these people actually try to make the bull angry. that's a fun summer day. bill: the president's approval rating is back to a new low after 6 years in the white house. is there anything americans can do to get americans behind his policies? and this from brit hume. >> reporter: it's hard for me to imagine the same policies he's hesitan
will any gm cars with these defective cars still stay on the road? answer, yes, they will.n you recall vehicles only one-third -- two-thirds of them are fictions, one-third don't get fictioned. the owners don't want to bother with it, they don't harper about the recall, they leave them as is. so defective cars will still be on the road with defective parts and they will be driven. three questions, three answers. martha: heads up to all of the owners of the gm cars. the stock has done okay. the...
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Jun 23, 2014
06/14
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FBC
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car. this isn't a gm recall but one from a japanese partsmaker this recall covers even wider range ever car makes. we have lauren fix the car coach. welcome back. who are the automakers we're talking about here? >> we're looking at a lot of japanese, honda, mazda, chrysler even bmw. this is because of poor storage by tikada who makes the airbags. they're doing regional action because the national highway safety traffic administration is requesting it. gerri: nissan among automakers making this recall, the biggest ever. 10 1/2 million worldwide. this is the fifth biggest in history. lauren, what is the deal with airbags? why can't people get these right? >> well this is a manufacturer problem. they were stored in a warehouse that apparently had moisture and moisture is causing for the deployment, the actual explosions, implosion to actually explode for no reason, leaving pieces of metal shrapnel inside of the cabin. there have been two deaths recorded we're aware of at this point. i'm sure that the lawyers will get their hands on it. there will be probably be more cases out there. gerri: one
car. this isn't a gm recall but one from a japanese partsmaker this recall covers even wider range ever car makes. we have lauren fix the car coach. welcome back. who are the automakers we're talking about here? >> we're looking at a lot of japanese, honda, mazda, chrysler even bmw. this is because of poor storage by tikada who makes the airbags. they're doing regional action because the national highway safety traffic administration is requesting it. gerri: nissan among automakers making...
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Jun 4, 2014
06/14
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ALJAZAM
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gm. but they have gotten far less attention. it's an industry wide thing. if you trust the car, you aren't going to think about who is recalling what, because it's too complicated >> so in fact, the dealer may be separated in the consumer's mind from the car maker. >> those are very personal relationships. >> the guy who response, the little league team or takes out an ad in the paper. >> yes, exactly. very often when you have big scandals like this, the consumers don't know how to behave. and if there's that lure of cheap credit, or afford a big ticket item like a car, people are going to take that instead of feeling a lot of angst about an airbag. >> and in fairness, i think that you and i have the same feeling about general motors, but the fact that they're not putting out a lot of dangerous cars. and it was a cover-up, and i don't feel entirely bad saying that, but the cars now, they know they're safe. >> a lot of the recalls go up to the 2015 models, but the sources of the recalls are pretty minor in most cases so it's not all injuries. >> i saw a tweet of yours today. and
gm. but they have gotten far less attention. it's an industry wide thing. if you trust the car, you aren't going to think about who is recalling what, because it's too complicated >> so in fact, the dealer may be separated in the consumer's mind from the car maker. >> those are very personal relationships. >> the guy who response, the little league team or takes out an ad in the paper. >> yes, exactly. very often when you have big scandals like this, the consumers don't...
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Jun 25, 2014
06/14
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ail these gm cars are keyed cars, the 2.6 millions that have been recalled, and then put the car back in drive. >> okay. >> so that's the simple thing you can do. and as i said, we had -- >> because otherwise you don't have any control. >> otherwise the car is coming -- is slowing down. you can barely turn the wheel. you barely have any brakes. it's almost impossible to maneuver the car. so we had an expert show us how to get out of the stall. >> this is when someone might panic because the wheel feels heavy. remember, you can still steer the car. there's no reason to panic. put it back in neutral. start it up. keep my eyes on the road. put it back in drive. and go. >> so now what you saw there is he continued operating the car the whole time. so let's say that you're on a highway going 50, 60 miles per hour, you can still bring that car back to life. can you still before i that car by taking those three simple steps. >> there are people who are died because of this and others who are victims. what do we know about this new compensation fund they're setting up? >> ken feinberg is goin
ail these gm cars are keyed cars, the 2.6 millions that have been recalled, and then put the car back in drive. >> okay. >> so that's the simple thing you can do. and as i said, we had -- >> because otherwise you don't have any control. >> otherwise the car is coming -- is slowing down. you can barely turn the wheel. you barely have any brakes. it's almost impossible to maneuver the car. so we had an expert show us how to get out of the stall. >> this is when...
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Jun 5, 2014
06/14
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CNNW
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the defect led gm to recall 2.6 million cars but before the recall the melton's settled their case with gm for an undisclosed amount. now they're fighting an uphill legal battle to reopen it. >> they thought they had the truth when they settled their case. we now know they had some of the truth but not all of the truth. >> reporter: in a new lawsuit the melton's allege that gm hid key documents from them and say a gm engineer lied in a sworn deposition. >> we -- the design and release engineer for the ignition switch in the '05 cobalt? >> yes, i was. >> reporter: the melton's attorney gave cnn the deposition of ray degorgio who denied changing the ignition switch. >> there was never a work order outlining this spring. >> so if any such change was made, it was made without your knowledge and authorization? >> that is correct. >> reporter: but in 2006 degorgio signed this form authorizing a fix to the ignition switch making it harder to turn inadvertently. >> you know that he lied under oath? >> the data that's been put in front of me indicates that but i'm waiting for the full investigat
the defect led gm to recall 2.6 million cars but before the recall the melton's settled their case with gm for an undisclosed amount. now they're fighting an uphill legal battle to reopen it. >> they thought they had the truth when they settled their case. we now know they had some of the truth but not all of the truth. >> reporter: in a new lawsuit the melton's allege that gm hid key documents from them and say a gm engineer lied in a sworn deposition. >> we -- the design and...
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Jun 5, 2014
06/14
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CNNW
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gm car sales were up 13% in may, twice the jump analysts were expecting. gm's stock, it's actually up. it is up 2.7% since february, when the recall was announced. so, really remarkable, the reaction to the company. and one of the reasons why, john, is that a lot of analysts and even consumers are telling us, oh, wow, too bad this crisis at gm, but i drive a chevy or i drive a gmc acadia. even some of the cars that have been recalled, consumers don't connect gm with whatever kind of car they are buying and driving right now. let's stick with stocks quickly. here's an "early start" to your money. european stocks lower right now, futures are flat. watch for headlines from the european central bank this morning. we could see an announcement of negative interest rates. >> what does that mean? >> it means banks in europe would have to pay the ecb, the central bank, to accept their deposits. that would be remarkable. we'll be looking for that, 5745 eastern time. >> tune in for that, breaking news at 7:45. >>> all right, nearly 1,700 veterans intentionally left of
gm car sales were up 13% in may, twice the jump analysts were expecting. gm's stock, it's actually up. it is up 2.7% since february, when the recall was announced. so, really remarkable, the reaction to the company. and one of the reasons why, john, is that a lot of analysts and even consumers are telling us, oh, wow, too bad this crisis at gm, but i drive a chevy or i drive a gmc acadia. even some of the cars that have been recalled, consumers don't connect gm with whatever kind of car they...
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Jun 17, 2014
06/14
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FBC
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david: all right, a few numbers here, 9.7 million, that's how many cars gm sold in 2013. then we have 20 million, that's how many cars it recalled this year. the recalls are costing shear holders $2 -- shareholders $2 billion, however, they are not driving away investors or consumers. why the disconnect? we've got an all-star panel coming up. liz: plus, most of you cannot be glued to your stock screens all day. checking your investments minute by minute. you have other jobs, but what if you wanted to take profits or cut your losses while you were away, and you weren't around to see some precipitous market drop? use stop orders and stop loss orders. we're going to tell you how to use this trader tool to help you be a better investor. we will walk you through every step with a top trader. david: also last year industrial robotics sales are going up. we have five ways to profit from the rise of these machines. liz: names, you've got to hear those. and we want to hear from you. today's consumer price index data showed inflation is running a bit hotter than expected. will risin
david: all right, a few numbers here, 9.7 million, that's how many cars gm sold in 2013. then we have 20 million, that's how many cars it recalled this year. the recalls are costing shear holders $2 -- shareholders $2 billion, however, they are not driving away investors or consumers. why the disconnect? we've got an all-star panel coming up. liz: plus, most of you cannot be glued to your stock screens all day. checking your investments minute by minute. you have other jobs, but what if you...