The move comes in following numerous accusations and problems involving many of GM’s product.
NEW YORK (CNNMoney) — General Motors announced recalls of more than 8.4 million vehicles worldwide, most of those for faulty ignition switches.
The sum of vehicles recalled Monday amount to the company’s largest single day of recalls this year. In addition to the ignition switch recalls, the automaker is recalling vehicles for faulty wiring and fasteners.
It expanded by $500 million to $1.2 billion the charge it will take for costs related to the recalls this quarter.
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Article Courtesy of CNN Money and WJW Fox 8 News
Picture Courtesy of GM, CNN Money and WJW Fox 8 News
