General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
The company earned $125 million in a quarter when many expected a loss.
Even though General Motors’ fourth-quarter profit fell short of Wall Street expectations, workers will get up to $7,500 in profit-sharing checks.
General Motors will soon reveal its second quarter earnings figures. The company is expected to post its sixth post-bankruptcy profit