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  4. General Motors Company (GM) Message Board

Friday 6-6-2014 General Motors Company (GM) $GM op

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Post# of 188
Posted On: 06/08/2014 10:23:58 PM
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Posted By: Lucky Jimmy
Friday 6-6-2014 General Motors Company (GM) $GM opened at 36.07 hitting the high price of 36.75 and a day low of 35.75 with a total volume of 17,642,699. GM had a previous close of 36.27 and has been seeing an average volume of 14,986,340.

Overall Average: 72% Buy

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The Oliver Law Group P.C. is launching a page on the recall of General Motors' (GM) vehicles with faulty ignition switches to provide the latest information on the recalls, federal investigations of GM, and developments in pending ignition switch lawsuits against the company. The Law Firm is also involved in a multiple GM ignition switch recall lawsuits against GM, which has been fined $35 million by the U.S. government for waiting for more than a decade to recall and repair the defective ignition switches. According to a report published by National Public Radio, GM became aware of the problem in 2001. GM engineers discovered that the faulty ignition switch slipped into the "accessory" or "off" position while the vehicle is in motion. The vehicle would suddenly lose electrical power for steering and braking and disable the air bags. The problems were identified on the Saturn Ion and the Chevrolet Cavalier, and GM did not correct the defective ignition switches. In 2004, the Chevy Cavalier was replaced by the Chevy Cobalt, which also had the same faulty ignition switch. [npr.org/2014/03/31/297158876/timeline-a-history-of-gms-ignition-switch-defect, March 31, 2014] (full story)

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___ (full story)

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Help! My car's engine cut off: Here's what to do
By CONNIE CASS - AP - Fri Jun 06, 3:05PM CDT
WASHINGTON (AP) — The faulty General Motors ignition switches blamed for dozens of crashes, some fatal, aren't the only reason a moving car can suddenly stall. It happened to Bill Van Tassel a couple of weeks ago, as he was steering his Mazda Miata around a turn on an Interstate onramp. (full story)

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NEW YORK (AP) — Shares of some top autos companies are up at 1 p.m.: (full story)



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