We begin tonight with General Motors and its widening safety crisis. The automaker stunned consumers and investors today announcing another huge recall and this one involves more fatalities. Gm is recalling over eight million vehicles, all in the u. S. , after defective parts linked to another three crashrelated fatalities. Now this brings the total number of recalls to 28 million vehicles worldwide. Just for this year. Now on top of that, gm also said it would increase the Second Quarter charge to earnings to 1. 2 billion to help pay for all those recalls. The surprising news came on the same day that gm laid out the plans to compensate survivors and the families of another 13 people who were killed in crashes related to those faulty switches. Investors sold on the news. Gm shares fell nearly 1 . Joining us now to talk about all of this, phil lebeau who is covering the gm crossice fris day one. And also with us, Collin Langdon from ubs. So, phil, let me begin with you. You are just a
We begin tonight with General Motors and its widening safety crisis. The automaker stunned consumers and investors today announcing another huge recall and this one involves more fatalities. Gm is recalling over eight million vehicles, all in the u. S. , after defective parts linked to another three crashrelated fatalities. Now this brings the total number of recalls to 28 million vehicles worldwide. Just for this year. Now on top of that, gm also said it would increase the Second Quarter charge to earnings to 1. 2 billion to help pay for all those recalls. The surprising news came on the same day that gm laid out the plans to compensate survivors and the families of another 13 people who were killed in crashes related to those faulty switches. Investors sold on the news. Gm shares fell nearly 1 . Joining us now to talk about all of this, phil lebeau who is covering the gm crossice fris day one. And also with us, Collin Langdon from ubs. So, phil, let me begin with you. You are just a
Im in tofor Tyler Mathisen aga. We begin tonight with General Motors and its widening safety crisis. The automaker stunned consumers and investors today announcing another huge recall and this one involves more fatalities. Gm is recalling over eight million vehicles, all in the u. S. , after defective parts linked to another three crashrelated fatalities. Now this brings the total number of recalls to 28 million vehicles worldwide. Just for this year. Now on top of that, gm also said it would increase the Second Quarter charge to earnings to 1. 2 billion to help pay for all those recalls. The surprising news came on the same day that gm laid out the plans to compensate survivors and the families of another 13 people who were killed in crashes related to those faulty switches. Investors sold on the news. Gm shares fell nearly 1 . Joining us now to talk about all of this, phil lebeau who is covering the gm crossice fris day one. And also with us, Collin Langdon from ubs. So, phil, let me
Motors and its widening safety crisis. The automaker stunned consumers and investors today announcing another huge recall and this one involves more fatalities. Gm is recalling over eight million vehicles, all in the u. S. , after defective parts linked to another three crashrelated fatalities. Now this brings the total number of recalls to 28 million vehicles worldwide. Just for this year. Now on top of that, gm also said it would increase the Second Quarter charge to earnings to 1. 2 billion to help pay for all those recalls. The surprising news came on the same day that gm laid out the plans to compensate survivors and the families of another 13 people who were killed in crashes related to those faulty switches. Investors sold on the news. Gm shares fell nearly 1 . Joining us now to talk about all of this, phil lebeau who is covering the gm crossice fris day one. And also with us, Collin Langdon from ubs. So, phil, let me begin with you. You are just a few weeks ago the ceo of gm wa
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