GM Announces Three Additional Recalls Affecting 1.5 Million Vehicles

GM Announces Three Additional Recalls Affecting 1.5 Million Vehicles

General Motors Co announced three new recalls affecting 1.5 million vehicles for airbag deployment and other issues. The announcement comes on the same day it was revealed that the company faces its first class action lawsuit tied to February’s massive recall of vehicles for ignition problems. The company will also take a $300 million charge against earnings to pay for repairs as part of an initiative to be more responsive to problems with its vehicles. [More]