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GM CEO Tells Students To Quickly Fix Problems

Work hard, be honest and address problems quickly so they don't grow. That is the message that new General Motors CEO Mary Barra gave University of Michigan graduates at a commencement ceremony Saturday. Barra, the first woman to lead a major automaker, took the top spot at GM in January, just as a deadly ignition switch problem was starting to surface. The company has admitted knowing about the problem for more than a decade, yet it didn't start recalling the cars until February.

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