Comment on GM Recalls Another 2.4 Million Cars (GM)

GM Recalls Another 2.4 Million Cars (GM)

General Motors just announced it is recalling an additional 2.42 million vehicles as part of four separate recalls. GM also said that it now expects to take a charge of approximately $400 million the second quarter, which includes the $200 million charge the company announced last week. GM shares are down 1.2% in late-morning trade following the announcement.

 

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