Author: Automotive News Feed

Dongfeng CEO Zhu Fushou has sought to quell fears over his company’s planned purchase of a 14 percent stake in PSA, saying the Chinese company was not seeking to take control of PSA.

It was only December when then-CEO Dan Akerson came to Washington to give a speech marking GM’s exit from partial government ownership, which for executives seemed to mark the end of five turbulent years as a target on Capitol Hill.

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General Motors is under attack from all sides. It is time for GM’s leaders to act quickly and decisively to investigate the circumstances that led to the global recall of 1.6 million 2003-07 model vehicles because of defective ignition switches.