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GM Launching Product Group Focused on Safety

General Motors Co. (NYSE:GM) will create a new global product integrity organization that will focus on product safety and quality, said GM Chief Executive Mary Barra in a speech on Tuesday."This new way of developing vehicles will provide the highest levels of safety, quality, and customer service, and ensure that a situation like the ignition-switch recall doesn't happen again," Barra said in New York.Barra addressed the recall of 2.6 million cars for defective ignition switches, which she has admitted GM bungled. At least 13 people have been killed in older model GM small cars with the defective switches.Barra, in comments to reporters, maintained her estimate given to U.S. lawmakers at the start of April that its investigation into the recall headed by former federal prosecutor Anton Valukas would be completed by the middle to the end of May."When Mr. Valukas has completed his investigation, we will then take the appropriate actions and then, as I've said, we will be transparent. S...

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