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.
WSJ.com: US Business, Wall Street Journal: Business
Thu, 07/24/2014 - 5:13am
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.