Good News, Bad News for GM: Recalls Cut 2014 Profits by More Than Half—But Sales Are Rockin’
General Motors coasted through 2014 with a $2.8 billion net profit and record global sales of more than 9.9 million cars and trucks. Too bad GM broke another record: for most recalls ever in a single year. Otherwise it would have made another $3.5 billion. That’s what the company spent on more than 80 recall […]
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