A billion here, a billion there and, sooner or later, it adds up to real money, according to an adage once popular in Washington, and something that General Motors shouldn’t ignore after its poor ... more 
A billion here, a billion there and, sooner or later, it adds up to real money, according to an adage once popular in Washington, and something that General Motors shouldn’t ignore after its poor first-quarter earnings report, a net profit of barely $125 million. Writing off a whopping $1.3 billion to cover a flood of recalls during the January to March quarter nearly ended the long string of profits the automaker has posted since shortly after emerging from bankruptcy in mid-2009. And by most estimates, GM will likely be spending a lot more before it can put behind it the scandal triggered by the delayed recall of 2.6 million vehicles for defective ignition switches. less 
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Wochit
Thu, Apr 24, 2014 6:42 PM EDT