Sales of General Motors crossovers and trucks, which include pickups, vans and SUVs, surged by double-digits in July, pushing combined sales for the year to 1,048,114 through July. GM was the first automaker to pass the million-unit milestone in both 2014 and 2013.
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GM sued over deaths, injuries linked to ignition switch
By Jessica Dye
General Motors was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition switches.
GM Sales Rise Despite Recall Headwinds
By Scott Gamm
Despite the cloud of negative publicity surrounding General Motors’ recall woes, sales showed strength during the second quarter.
GM’s quarterly profit plunges on recall costs, higher Europe loss
General Motors posted an 85 percent drop in second-quarter net income, hurt by recall-related expenses in the United States and restructuring costs in Europe.
Costs related to GM’s unprecedented spate of safety recalls, along with special items, sliced GM’s net income for the April-June period by about $1.5 billion net of taxes, down to $190 million, from $1.26 billion in the year-earlier period.
GM issues 6 more safety recalls
General Motors issued six more recalls on Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles.
