General Motors Cost of Recalls Jumps by Another $400 Million – GM

General Motors (GM) said Tuesday it will recall another 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 in the second quarter, mostly for recall-related repairs. According to CNBC’s Phil LeBeau, as of mid-May GM has designated $1.7 billion in […] View the full post at: General Motors Cost of Recalls Jumps by Another $400 Million – GM Related posts: Automakers Report Mixed Sales Results GM to Start Battery Production on Thursday More than Half a Million Americans Walked Away from their Mortgage Last Year