[Reuters] – U.S. safety regulators have opened an investigation into whether General Motors Co reacted fast enough in its recall of more than 1.6 million cars over an ignition-switch defect linked to 13 deaths in crashes. “The National Highway Traffic Safety Administration has opened an investigation into the timeliness of General Motors’ recall of faulty ignition switches to determine whether GM properly followed the legal processes and requirements for … [visit site to read more]
Similar Articles:- Company Update: Citigroup Inc (NYSE:C) – Exclusive: U.S. regulators at Citi in London as part of FX probe
- Stock Update: General Motors Company (NYSE:GM) – GM to recall more than 44,000 Chevy Malibus
- Stock Update: American International Group (NYSE:AIG) – AIG discloses investigation by NY regulators into ALICO