Edoardo Cignoli : GM's Profit, Hit by Recalls, Tumbles 80%

GM reported an 80% drop its second-quarter net profit, with earnings hit by $1.5 billion in charges related to vehicle recalls and money set aside to fund a compensation plan for victims of accidents linked to defective ignition-switches.



via WSJ.com: US Business http://ift.tt/WJ8m1N