GM Recalls Another 7 Million Vehicles: Chart of the Day

Now watching

Next video starts in : 7 Play

GM Recalls Another 7 Million Vehicles: Chart of the Day

GM Recalls Another 7 Million Vehicles: Chart of the Day
Replay video
Up next

Check Out This Insane New Roller Coaster

Unlock your personal NFL Now stream by signing in to NFL.com

GM Recalls Another 7 Million Vehicles: Chart of the Day

by TheStreet.com Videos 1:05 mins

GM Recalls Another 7 Million Vehicles: Chart of the Day

by TheStreet.com Videos 1:05 mins

Another day. Another recall. It's GM we are talking about today. The auto giant has recalled yet another 7 million vehicles, bringing the tally this year to some 26 million vehicles. At issue in Monday's recall is faulty ignition switches. Shares of GM are under pressure in pre-market trading on Tuesday. It closed Monday at $36.30. In the last year, GM traded as low as $31.70 and as high as $41.85. All of these recalls have had a limited effect on GM's stock price. It could hurt its bottom line. The company also announced that it would increase its second-quarter charges to pay for recalls to $1.2 billion, up from the previous announced $700 million. TheStreet's Joya Dass reports from the Nasdaq Marketsite.

Must Watch

Must Watch

  1. 2:07

    Check Out This Insane New Roller Coaster

  2. All Time Low - All Time Low LIVE Concert

  3. 1:50

    Comedy Central Stars On The First TV Show That Made Them Laugh

  4. 2:58

    Father Recreates Famous Photos with His Daughter

  5. 1:27

    This Inspirational Model With Down Syndrome Will Make You Feel All The Feelings

  6. 12:08

    #DancingManFound gets last laugh, and dance

Must Watch

  1. 2:07

    Check Out This Insane New Roller Coaster

  2. All Time Low - All Time Low LIVE Concert

  3. 1:50

    Comedy Central Stars On The First TV Show That Made Them Laugh

  4. 2:58

    Father Recreates Famous Photos with His Daughter

  5. 1:27

    This Inspirational Model With Down Syndrome Will Make You Feel All The Feelings

  6. 12:08

    #DancingManFound gets last laugh, and dance

Must Watch

  1. 2:07

    Check Out This Insane New Roller Coaster

  2. All Time Low - All Time Low LIVE Concert

  3. 1:50

    Comedy Central Stars On The First TV Show That Made Them Laugh

  4. 2:58

    Father Recreates Famous Photos with His Daughter

  5. 1:27

    This Inspirational Model With Down Syndrome Will Make You Feel All The Feelings

  6. 12:08

    #DancingManFound gets last laugh, and dance