Description:
GM
The American automaker generated headlines for all the wrong reasons in 2014 by announcing more than 50 separate recalls affecting nearly 29 million vehicles. The recalls put the company’s recently installed chief executive, Mary Barra, in the hot seat, forcing her to testify in front of Congress twice about an ignition switch problem that is linked to at least 13 deaths. Before the recalls, GM was performing exceptionally well: vehicle sales climbed in many key markets in 2013, including in the U.S., South America and Asia-Pacific.
Key Financials:
Revenues 155,427.00 2.1%
Profits 5,346.00 -13.6%
Assets 166,344.00
fortune.com
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