Massive Ignition Switch Recall Weighs Heavy On GM's Profits

DETROIT, MI - APRIL 24: The General Motors world headquarters (in background) is shown April 24, 2014 in Detroit, Michigan. Today, GM reported its first quarter profits dropped nearly 86% from the first quarter of last year, due largely to a $1.3 billion cost for massive recall repairs related to a faulty ignition switch. (Photo by Bill Pugliano/Getty Images)
DETROIT, MI - APRIL 24: The General Motors world headquarters (in background) is shown April 24, 2014 in Detroit, Michigan. Today, GM reported its first quarter profits dropped nearly 86% from the first quarter of last year, due largely to a $1.3 billion cost for massive recall repairs related to a faulty ignition switch. (Photo by Bill Pugliano/Getty Images)
Massive Ignition Switch Recall Weighs Heavy On GM's Profits
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Credit:
Bill Pugliano / Stringer
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486449489
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Getty Images News
Date created:
24 April, 2014
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