General Motors Company

An upcoming decision looms large for General Motors Company on whether it will be forced to recall up to 4.3 million vehicles due to Takata airbag inflators deemed unsafe in May 2016 by the National Highway Traffic Safety Administration (NHTSA). NHTSA recalled all frontal Takata airbags that do not use a drying agent after studies linked the lack of such desiccant to propellant degradation which over time can eventually cause ruptures during normal deployment which could cause serious injury or death.

General Motors Co.

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Volkswagen AG is investing $300 million in the ride-hailing application Gett which looks to expand its current operations in Europe and New York City. Currently operating in over 60 cities worldwide with a primary focus in Europe, Gett competes directly with other ride-hailing apps such as Uber and Lyft which have greater prominence in the North American market. Gett is currently only available in New York City on the North American continent.

VW Gett

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