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May 03, 2014 AT 7:20 AM
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.