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GM Announces Three New, Separate Recalls, And A $300 Million Charge

Rob Wile   

GM Announces Three New, Separate Recalls, And A $300 Million Charge

gm general motors

REUTERS/Jeff Kowalsky

The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan.

GM is announcing three new, separate recalls in the wake of a series of blockbuster reports in the New York Times alleging the company neglected customer complaints about the dangers of some vehicles.

Last week, New York announced it had opened a probe.

The stock is heading south.

More to come...

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