Friday, March 12, 2010

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Money News From AP

GM's Lutz: 'I Achieved What I Set Out to Do'
General Motors Co. will keep making big trucks and SUVs because U.S. buyers demand them, but a major portion of them will be gas-electric hybrids in the near future. That's one of the predictions of GM's retiring Vice Chairman Bob Lutz. (March 12)

Gov't May Seek More Authority on Vehicle Safety
Government regulators may seek greater authority to investigate defects in cars and trucks following Toyota's recall of more than 8 million vehicles for safety problems. (March 11)

Toyota Incidents Renew Owner Fears Over Safety
Several high-profile incidents this week involving runaway Toyotas have renewed fears over the safety of the cars. Analysts say it could take a long time for the brand image of the world's largest automaker to recover. (March 11)



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