- Things will get interesting next week for General Motors (GM).
- CEO Mary Barra is set to appear before the U.S. House Energy and Commerce Committee on April 1 and in front of a Senate panel on April 2 in what is likely to be a lively exchange with Congressmen.
- Acting National Highway Traffic Safety Administration chief David Friedman will also face some questions on the agency's handling of the GM recall issue.
- Automobile industry analysts say the testimony could provide a breaking point for which way the recall crisis goes for the automaker. Barra has the advantage of not being the CEO during the recall period and has been aggressive in steering GM in a new direction with safety. It probably doesn't hurt that the Chairman of the Energy & Commerce subcommittee which will hold the hearing is from GM's home state of Michigan.
at CNBC.com (Nov 18, 2014)