Chevrolet

Takata hires financial adviser to mull restructuring options, report says

UPDATED: 5/25/16 4:20 pm ET - adds details

Airbag manufacturer Takata hired investment bank Lazard to lead efforts to seek new investment and help resolve financial issues stemming from its record-setting recall of tens of millions of inflators that can rupture, sources told Reuters today.

GM offers debit cards to owners of crossovers with inflated mpg ratings
UPDATED: 5/20/16 9:48 pm ET

General Motors will offer owners of 2016 Chevrolet Traverse, GMC Acadia and Buick Enclave crossovers debit cards worth $450 to $1,500 to compensate

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