Connect with us

Hi, what are you looking for?


GM names former U.S. auto safety chief to global regulatory post

Stock Markets24 minutes ago (Sep 22, 2021 01:46PM ET)

(C) Reuters. FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook

By David Shepardson

WASHINGTON (Reuters) – General Motors Co (NYSE:GM) on Wednesday named David Strickland, the former top U.S. auto-safety official who now serves as a senior Senate aide, as its regulatory affairs chief as the largest American automaker expands its electric vehicle plans.

Detroit-based GM said it is tapping Strickland as vice president for global regulatory affairs, beginning Oct. 1.

Strickland is currently the U.S. Senate Commerce Committee’s staff director. He previously served as U.S. National Highway Traffic Safety Administration (NHTSA) chief under former President Barack Obama.

GM, moving aggressively to develop self-driving vehicles, has said it aspires to stop selling gasoline-powered new light-duty passenger vehicles by 2035. Strickland will also be working on self-driving vehicle issues.

The automaker’s global public policy chief Omar Vargas said in a statement that Strickland will help “drive regulatory policies in support of GM’s growth initiatives, including our vision for an all-electric and autonomous future.”

The agency that Strickland formerly headed is investigating 13 reported fires involving GM’s electric Chevrolet Bolt. GM in August widened its recall of the Bolt to more than 140,000 vehicles to replace battery modules, at a cost now estimated at $1.8 billion, and has extended the shutdown of a Michigan assembly plant to mid-October.

GM said this week it plans to begin replacing these batteries next month.

Senate Commerce Committee chair Maria Cantwell noted that Strickland has served on the panel for more than 11 years during various stints.

“I’m happy that someone with David’s integrity and experience will have a hand in advancing General Motors’ transition to electric vehicles,” Cantwell said.

Melissa Porter, the committee’s deputy staff director, will assume Strickland’s responsibilities. Porter was heavily involved in the efforts last year to enact reforms to the U.S. Federal Aviation Administration’s oversight of airplane manufacturers following two fatal crashes of Boeing (NYSE:BA) 737 MAX airliners.

GM names former U.S. auto safety chief to global regulatory post

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt.


Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione.


Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum.


Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora.

Disclaimer: it's managers and its employees (collectively "The Company") do not make any guarantee or warranty about what is advertised or above. Information provided by this website is for research purposes only and should not be considered as personalized financial or health advice. Copyright © 2021 Buzz Clever. All Rights Reserved