U.S. says no GM ownership conflicts in Toyota case

Newswire

By Steve Gorman LOS ANGELES, Feb 19 (Reuters) - The U.S. government's majority stake in General Motors Co has no bearing on the response of regulators to safety problems at Toyota Motor Corp , Transportation Secretary Ray LaHood said on Friday. "That argument is baloney," LaHood said when asked about the issue during an appearance in Los Angeles. Questions about whether the government stands to benefit as a GM shareholder from its regulatory crackdown on Toyota gained some steam this ...

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