Latest GM Recall Woes Hurt Q2 Results

In today’s General Motors digest: The automaker takes it on the chin in its quarterly report; the analysts have their say; GM Korea could allow its workers to build the next Cruze if only they would put down the picket signs; 45 attorney generals are investigating the February 2014 recall; and CEO Mary Barra will be the keynote speaker for a connected-vehicle forum.

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GM Adds 2.4M To 2014 Recall Total, Recalls More Than Sold In Five Years

Autoblog reports General Motors has issued four new recalls affecting a total of 2.42 million vehicles. As of this writing, a total of 15 million units have been recalled by GM since February, a number Jalopnik says exceeds the total number of vehicles sold by the automaker in the past five years.

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  • Add Lightness Let's be real, this $C162,000 truck will only ever be used to it's limits by it's civilian owner in the middle east and then only for a few days until the thrill wears off and it's on to the next halo truck.
  • Ajla If I were allowed to rule with an iron fist and had the capital to build at least 50k units I'd take the car company.
  • Eric I would take the house, sell it at a profit to some poor schmuck and invest the profit in something other than "green technology".
  • Urlik Of course the IIHS moves the goal posts. It’s all about staying relevant.
  • The Oracle Good riddance.