Steel Markets
April 26, 2014
GM Weathering Recall
Written by Sandy Williams
“It’s an understatement to say that the first quarter was challenging for General Motors,” said CEO Mary Barra in GM’s first quarter conference call.
So far, Barra says the negative publicity surrounding the ongoing investigation into the recall of 7 million vehicles with faulty ignition switches has not had any meaningful affect on sales. GM is still targeting a higher market share of the automotive market in North American with launch of new pick-ups and SUVs.
