Boston, MA 05\/19\/2014 (wallstreetpr) \u2013 <\/b>One of the most talked about players in the automobile industry, General Motors Company (NYSE:GM) <\/b>is grappling with a series of investigation probes. GM has hogged the limelight due to its legal department that has failed to dispose of its duty in good faith. It has failed to match the standards of conducting enquiries and taking adequate steps in a critical matter. Thus, it has become a center of internal probes and external investigations. However, on the operational front, the company is performing decently. It has launched its latest collection and is expecting high revenues from the same.<\/p>\n
Investigation Alert<\/b><\/p>\n
General Motors Company (NYSE:GM) has recently disposed of off an enquiry pertaining to a vehicle defect leading to 13 deaths. However, it has created widespread criticism in the industry for handling the matter without recklessly. The government of United States has imposed a hefty fine worth $35 million on the company for filing a delayed reply to the alleged defect in millions of its released vehicles. The regulators have criticized and blamed the high-officials of GM for concealing the problem. It is alleged that the defect was detected by the GM almost a decade ago. However, the company announced the first recall in February 2014 despite thousands of complaints. Thus, GM is facing investigations and probes for failing to discharge its obligations.<\/p>\n
Assembling of New SUV<\/b><\/p>\n
General Motors Company (NYSE:GM) has recently revealed the launch of new SUC that is being built at its Arlington Assembly Plant. The new SUV features full-size Cadillac product. The plant manager of GM, Paul Graham highlighted the potential market in Texas and the rich heritage of its product line that is in demand amongst the consumers. GM has made an investment over $500 million for building its full-size, brand new range of sport utilities.\u00a0 GM\u2019s vehicles are dominating the market in the category of full size SUV\u2019s thereby bringing in 75% of the market share. It has also started selling Escalade to dealers.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 05\/19\/2014 (wallstreetpr) \u2013 One of the most talked about players in the automobile industry, General Motors Company (NYSE:GM) is grappling with a series […]<\/p>\n","protected":false},"author":32,"featured_media":16240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2018],"tags":[1700,632],"stock_ticker":[],"class_list":["post-22688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-general-motors-company-nysegm","tag-nysegm","entry"],"acf":[],"yoast_head":"\n