General Motors Co.
said Tuesday it is recalling 2.42 million more vehicles in four new recall campaigns for a variety of problems as the fallout continues to mount from its ignition switch crisis.
GM said it now expects to take a $400 million charge in the second quarter for the growing number of recalls, up from the $200 million announced on Thursday. That’s on top of the $1.3 billion first quarter charge it took.
The automaker has now recalled more than 13.6 million vehicles in the United States and at least 15.2 million vehicles worldwide in 29 separate campaigns as the Detroit automaker tries to show it is more responsive. GM says no reports of deaths are linked to any of the four new recall campaigns.Read Article