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General Motors Ended 2014 With Another Recall, Bringing Its Tally to 84

August 6, 2023
in Trade Tube
Reading Time: 1 min read
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Last year was a tough year for General Motors, coming as the company fought off a whopping 84 different recalls. The company closed out 2014 announcing it will recall three more models of its cars, and it will take an $800 million hit on its share redemptions — GM’s last. Looking into 2015, investors are hoping a robust job market will keep driving better GM sales — especially after 2014 saw it, and its biggest competitor, Ford, lag market benchmarks. Heading into the New Year, GM is going to be looking for rising sales internationally to boost its stock, after a strong year in the U.S.

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