General Motors Co. for years collected dozens of warning signs from customers and employees about problems with Chevrolet Cobalts and Saturn Ions related to engines stalling and ignition switches moving to 'accessory' or 'off' while driving, according to hundreds of pages of depositions reviewed by The Detroit News.
Honda Motor Co., making good on plans to focus more on the image of its Acura brand, is setting it up as a division within the company for the first time with dedicated management, marketing and other resources.
The experts call it 'the Detroit penalty.' That's the extra cost Michigan municipalities face when selling new debt now that Detroit is trying to make investors holding its bonds eat a loss of 80 cents on the dollar. How expensive can it get?