GM’s Profit, Hit by Recalls, Tumbles 80% – Wall Street Journal
Wall Street Journal |
GM's Profit, Hit by Recalls, Tumbles 80%
Wall Street Journal GM's earnings declined 80%, as results were hit by .5 billion in charges related to vehicle recalls and money set aside to fund a compensation plan. Getty Images. General Motors Co. GM -3.43% General Motors Co. U.S.: NYSE .13 -1.29 -3.43% July 24, … General Motors Issues Six New Recalls Affecting 823000 Buick, Cadillac … GM Sets Aside at Least 0 Million to Pay Recall Victims General Motors second quarter profit falls 85 percent on recall costs |
