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www.wmfd.com - G-M's recall crisis has taken a big chunk out of its first quarter profit. <div style="display:none">abortion pill information <a href="http://www3.poolhost.com/blog/page/abortion-pill-online.aspx">open</a> about abortion</div> }}" />

   
 
 
General Motors Recall Costly On First Quarter Profit
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Story By: Larry Stine

 

 

 
 
 
   
   
  Originally Published on: 4/24/2014

G-M's recall crisis has taken a big chunk out of its first quarter profit. The automaker said Thursday the cost of repairing millions of vehicles would come to $1.3-billion. Add in some accounting charges and the company was left with only $108-million in profit for the first three months of the year. Sales of G-M models have not been hurt by the recalls, revenue increased one percent and the number of vehicles sold rose two percent.

   
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