Showing posts with label Mary Barra. Show all posts
Showing posts with label Mary Barra. Show all posts

Thursday, April 27, 2017

GM CEO Mary Barra Speculated To Become Next NHTSA Head



What could possibly go wrong?






GM CEO Mary Barra Speculated To Become Next NHTSA Head



GMBusinessBarra09.jpg


The position of National Highway Traffic Safety Administrator remains open as one of the numerous slots President Donald Trump has yet to fill. However, there’s already some speculation as to who may fill the vacancy.

The Detroit News reports General Motors CEO Mary Barra is speculated to possibly become the next head of the NHTSA. While purely speculations from insiders, it has raised alarms with advocacy groups who fear turning the agency over to an automotive executive could produce poor results.

“He has a penchant of appointing people who have been regulated and allowing them to dismantle agencies,” Rosemary Shahan, president of the Sacramento, Calif.-based Consumers for Auto Reliability and Safety group, said. “You have all these companies who have been under investigations for safety violations recently. I wouldn’t be surprised if he appointed somebody from one of them. It would be consistent with his other appointments.”

On Barra specifically, she said, “[The president] seems to be very friendly with her.”

Barra continues to serve on President Trump’s Strategic and Policy Forum, which houses a handful of business leaders to advise the president from the private sector. The White House and GM both declined to comment on the speculations.

Skeptics say if an auto executive were to be appointed to the position it would cause major conflicts of interest with the government organization and make for major deregulation in automotive safety. In fact, the same government organization continues to keep a watchful eye on GM to ensure safety standards are met.

The facts won’t be known until President Trump officially names his candidate, whenever that may be.


Read more: http://gmauthority.com/blog/2017/04/gm-ceo-mary-barra-speculated-to-become-next-nhtsa-head/#ixzz4fV5yOleY





Friday, June 27, 2014

The TOYOTA-GM Connection




GM Ignition Judge Names Lead Lawyers From Toyota Cases

June 26, 2014
 
The lead attorneys in lawsuits against Toyota Motor Corp. (TM:US) over sudden acceleration will take temporary charge of claims of alleged economic loss from General Motors (GM:US) vehicles that were recalled because of ignition-switch defects.

Steve W. Berman, Elizabeth Cabraser and Mark P. Robinson Jr., who helped arrange a $1.6 billion settlement with Toyota over lost vehicle value, will “initiate the process” in the GM litigation, U.S. District Judge Jesse M. Furman in Manhattan said in a June 24 order.

“These temporary designations are not a precursor of future appointments,” Furman said.


General Motors has recalled 2.59 million compact cars with potentially faulty ignition switches linked to at least 13 deaths. Customers have filed at least 87 proposed class actions seeking reimbursement for lost value of the recalled vehicles.

The suits are combined before Furman’s Manhattan court in a multidistrict proceeding that will address pretrial matters including evidence gathering. Furman set an initial conference to organize the suits for Aug. 11.

The case is In Re General Motors LLC Ignition Switch Litigation, 14-md-2543, U.S. District Court, Southern District of New York (Manhattan).

To contact the reporter on this story: Margaret Cronin Fisk in Detroit at mcfisk@bloomberg.net

To contact the editors responsible for this story: Michael Hytha at mhytha@bloomberg.net Andrew Dunn, Joe Schneider




http://www.businessweek.com/news/2014-06-26/gm-ignition-judge-names-lead-lawyers-from-toyota-cases


Wednesday, June 25, 2014