If you were wondering how much the massive ignition recall cost GM so far, the answer is about $1.3 billion (€0.94 billion). More specifically, GM has spent $700 million on replacement switches and cylinders and $600 million on other recall items. Read more »
Thursday, April 24, 2014
Ignition Recalls Melt GM's First Quarter Profit by 82 Percent
If you were wondering how much the massive ignition recall cost GM so far, the answer is about $1.3 billion (€0.94 billion). More specifically, GM has spent $700 million on replacement switches and cylinders and $600 million on other recall items. Read more »
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