GM taking $750M Q1 charges amid new recalls
General Motors (GM) announced Monday that it will take a $750 million charge in the first quarter, including a previously disclosed $300 million charge for three safety actions and the ignition switch recall.
Monday's recall affects some of the same models included in the ignition recall and includes more than 1.3 million vehicles.
Some of these vehicles have already been recalled in the past for the same issue, but GM "did not do enough," according to a company statement.
Chevrolet Malibu: All model year 2004 and 2005, and some model year 2006 and model year 2008 and 2009 vehicles.
Chevrolet Malibu Maxx: All model year 2004 and 2005, and some 2006 model year
Chevrolet HHR (Non-Turbo): Some model year 2009 and 2010 vehicles
Chevrolet Cobalt: Some model year 2010 vehicles
Saturn Aura: Some model year 2008 and 2009 vehicles
Saturn ION: All model year 2004 to 2007 vehicles
Pontiac G6: All model year 2005, and some model year 2006 and model year 2008 and 2009 vehicles
Service parts installed into certain vehicles before May 31, 2010 under a previous safety recall.
-By CNBC.com