Motors, another recall for 2 and a half million cars for the defective link. The automaker had not met an april 3rd deadline to respond to its requests for more detailed information about the recall. The regulator said that gm failed to answer multiple questions about the defect and why it waited to issue a recall after learning about the problem, gm has been facing fines of 7,000 a day until it fully complies. Phil lebeau joins us from chicago. Phil, what does it mean for General Motors . Susiusie, this is another example of them saying knock it off, give us all the information as quick as possible or else well go to federal court and demand it if you dont turn it over as quickly as possible. Some people will hear it and say 7,000 a day . Will that really compel General Motors to come forward and turn over the documents . That is not the point here, that, the maximum allowed by law, 7,000 a day which is what they were fined per day. This is more of the frustration that they have deali
Motors, another recall for 2 and a half million cars for the defective link. The automaker had not met an april 3rd deadline to respond to its requests for more detailed information about the recall. The regulator said that gm failed to answer multiple questions about the defect and why it waited to issue a recall after learning about the problem, gm has been facing fines of 7,000 a day until it fully complies. Phil lebeau joins us from chicago. Phil, what does it mean for General Motors . Susiusie, this is another example of them saying knock it off, give us all the information as quick as possible or else well go to federal court and demand it if you dont turn it over as quickly as possible. Some people will hear it and say 7,000 a day . Will that really compel General Motors to come forward and turn over the documents . That is not the point here, that, the maximum allowed by law, 7,000 a day which is what they were fined per day. This is more of the frustration that they have deali
Motors, another recall for 2 and a half million cars for the defective link. The automaker had not met an april 3rd deadline to respond to its requests for more detailed information about the recall. The regulator said that gm failed to answer multiple questions about the defect and why it waited to issue a recall after learning about the problem, gm has been facing fines of 7,000 a day until it fully complies. Phil lebeau joins us from chicago. Phil, what does it mean for General Motors . Susiusie, this is another example of them saying knock it off, give us all the information as quick as possible or else well go to federal court and demand it if you dont turn it over as quickly as possible. Some people will hear it and say 7,000 a day . Will that really compel General Motors to come forward and turn over the documents . That is not the point here, that, the maximum allowed by law, 7,000 a day which is what they were fined per day. This is more of the frustration that they have deali
Cityient here in new york tested positive for ebola. A very good morning to you all. This is countdown. Welcome to the show. We have breaking news. We kick it off with basf. Chemicals,es to plastics, oil and gas, that is the mix of basf. Lets give you the numbers. Earnings, 1. 84 2 billion. They were looking for a number of 1. 7 6 billion. That is a little better as well. They beat analyst estimates. The big discussion was, will they hold on to their targets for 2015 . Lets see what else they are saying here. 2013 slightly below levels. They still see slight increase in their earnings this year. That is a very robust call. A lot of the analysts out there were saying this institution is going to find it pretty difficult to stick to their targets for 2015 and beyond. Att to recap, revenue, sales 18. 3 billion. That is a beat. Earnings come in at 1. 8 billion. That is a beat. 2014 will see earnings rise. Ay with countdown we will get the insight into those numbers later. That will be in t
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