House panel to probe GM, regulator over faulty ignition switches

GM (GM) is set to face hearings in Congress about why the company took almost a decade to recall 1.6M vehicles for defective ignition switches that have been linked to 13 deaths.

A panel, the House Energy & Commerce Committee, will also probe the role of the National Highway Traffic Safety Administration.

GM yesterday appointed former Lehman examiner Anton Valuskas to lead its own internal investigation, while the NHTSA is also carrying out an inquiry.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs