GM Second Quarter Profits Eviscerated by Recall Costs

By Luke Vandezande Jul 24 2014

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Despite strong underlying performance, recall-related costs continued to rip cash away from General Motors in the second quarter. Continue Reading...

Filed under: Featured Articles GM
Tags: financial report, GM q2 financial report, Income, net income, net profit, profits, recall costs, recalls, second quarter financial report

GM Profits Pancake on Recall Costs

By Luke Vandezande Apr 24 2014

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Amid executing a recall covering 2.6 million vehicles, General Motors’ first quarter net income sank 86 percent compared to the same period a year ago.  Continue Reading...

Filed under: Featured Articles GM
Tags: costs, expenses, general motors, GM, Ignition Switch, Income, profit, Q1, quarterly income, recall, recall expenses, recall-related costs, Safety