Home GM Reports Recalls Cost GM $1.2 Billion, Second Quarter Net Income Drops to $0.2 Billion

Recalls Cost GM $1.2 Billion, Second Quarter Net Income Drops to $0.2 Billion

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General Motors said its second quarter net income was $0.2 billion, $1 billion less than in the same quarter last year. The huge drop is due mainly to recalls, estimated to cost $1.2 billion.
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Recalls Cost GM $1.2 Billion, Second Quarter Net Income Drops to $0.2 Billion Recalls Cost GM $1.2 Billion, Second Quarter Net Income Drops to $0.2 Billion Reviewed by Unknown on 09:37:00 Rating: 5

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