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GM Recalls 2.7 Million More Cars, On Track To Set Record For Recalls In 2014 (UPDATED)

DETROIT (AP) — General Motors recalled another 2.7 million cars Thursday, sending the company’s total of recalled vehicles in the U.S. this year above 11 million and putting the auto industry on track to set a record for recalls in 2014. GM said the cars are being recalled to fix problems with brake lights, headlamps and power brakes. GM will take a $200 million charge this quarter, mostly to cover the repairs. Along with sizeable recalls from Toyota, Ford, Chrysler and others, GM’s actions have the U.S. auto industry on pace to break the record of 30.8 million recalled vehicles set…

Source: Technology – The Huffington Post

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