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U.S. orders GM to recall nearly 6M trucks with Takata air bag inflators

The U.S. is making General Motors recall and repair nearly 6 million big pickup trucks and SUVs equipped with potentially dangerous Takata air bag inflators. The decision announced Monday by the National Highway Traffic Safety Administration will cost the automaker an estimated $1.2 billion, about one third of its net income this year. GM…

A sign outside Oshawa’s General Motors car assembly plant is shown in Oshawa, Ont. (Source: CP)

At Davos, feds pitch GM in bid to keep key Ontario assembly line rolling

DAVOS, Switzerland – Canada’s economic development minister says the federal government has received no firm commitments from General Motors about the future of a key plant in the Greater Toronto area. Navdeep Bains spoke this morning with Mary Barra, CEO of the General Motors Company, just before she had a closed-door meeting with Prime…