General Motors CEO Mary Barra provides an update on the ignition switch recall investigation
With the benefit of some hindsight, here's this roundup of some of the themes and news we’ve covered this past week.
And here it is, The Week in Reverse, for Saturday, June 7:
The month of May—and 2014 in general, so far—was a good month for auto sales. Even more importantly, it didn't take discounting prices to get there; analysts reported that loan lengths and transaction prices are on the way up. And by the way, CarMax summed up what's popular in used vehicles by age group. Is it any surprise that Gen X is moving into minivans?
We continued to see plenty of 2015-model-year announcements, as pricing and some changes were announced for the Nissan Altima Chevrolet Malibu, and Cadillac ATS Sedan. And Subaru bumped the price up on its all-new 2015 Outback—which, given its increase in equipment and ongoing popularity, doesn't come as that much of a surprise.
With an internal report on the company's scandalous delay to issue its ignition-related recalls, the turmoil at General Motors continued to dominate the automotive-related news this past week. In the aftermath, GM fired 15 employees and tried to stay on the up-and-up by issuing a nifty—and breathtaking—summary of its recall efforts so far this year.
Customer perception is very important. Whether or not it represents reality is beside the point, here, but we found out that Honda, Toyota Mercedes-Benz, and Lexus are very highly regarded.
The 2015 Volkswagen Golf and GTI earned some excellent crash-test ratings. And the IIHS, one of the major U.S. safety agencies, confirmed exactly how it's making its top-tier requirements tougher this next year.
Maryland cracked down on speed cameras; let's hope it affects some particularly greedy municipalities who were essentially running expensive tollways. And is your city one of America's most traffic-congested?