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...into approximately 905,000 Cobalt models in the United States after receiving more than 1,100 complaints of loss of power steering, 14 crashes and one injury, GM disclosed. "We're playing this as honest and transparent as we can," said Mark Reuss, president of GM's North American Operations. (See the 50 worst cars of all time...
...reason for the domestic shakeup, analysts say, is to revive GM's North American market, considered the heart of any GM recovery. Driving home that point, Reuss brought back experts from GM operations in Australia and Thailand to work on North American sales and marketing initiatives. "We needed expertise," explained Reuss, whose latest re-organization also sent Bryan Nesbitt, who had been general manager of the Cadillac Division since last fall back to GM's design staff where he will be in charge of GM's advance design studio. "Bryan's very talented. We need his expertise in design," said...
...become extremely clear to me since taking this role that there is a better way to structure this organization," said Reuss. "For the last three months our results have been on par with the industry. But I would have to say we have to accelerate our success in North America." Reuss also acknowledged that some of the pressure to get things done faster comes from the board of directors, led by former AT&T chief Ed Whitacre, who is settling into his role as GM's chief executive, and Wall Street veteran Steven Girsky, the UAW's choice...
...taking a "reservation" that would allow it to effectively continue trading the tuna - but they would still need a fishing country from which to buy. "The U.S. won't do that," says Lieberman. "The E.U. won't do that. And we believe they'll exert sufficient pressure on the North African nations to ensure that they won't either...
What's changed, she thinks, may be that warmer water pouring into the sea from Siberia's north-flowing rivers have raised the sea-bottom temperature to the point where the methane, much of it stored under pressure in the form of methane hydrates, can begin to break free. Unlike the permafrost on land, says Shakhova, soil under the sea floor is always hovering at close to the melting point because of its proximity to unfrozen seawater. Anthropogenic (that is, human-caused) warming may be the last straw...