US DOT extends federal oversight of General Motors

General Motors isn't out of the woods with the federal government, yet.

To track General Motors' (GM) progress on investigating potential safety issues, the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) has planned to extend federal oversight over GM for another year, the NHTSA announced Thursday.

The extension—presented to GM in a letter dated May 14—requires GM to continue to report all safety-related issues to the NHTSA and meet with the agency regularly.

Read More GM to pay $35M fine in deal with US govt over recalls

The renewal of the consent order allows NHTSA to review GM's decision-making and communications about possible vehicle safety threats. Last year, the company agreed to pay a record $35 million civil penalty and allow unprecedented oversight following its failure to report a defect in its Chevrolet Cobalt model, leading to non-deployment of airbags in certain Chevrolet Cobalt and other GM models.