Sou⁠t⁠h Carol⁠i⁠na News: Flor⁠i⁠da AG jo⁠i⁠ns group exam⁠i⁠n⁠i⁠ng GM problems

By: The James Madison Institute / April 25, 2014

The James Madison Institute


April 25, 2014

The Florida attorney general’s office is part of a multi-state group researching complaints about automotive giant General Motors.The newly-formed group of attorneys general will examine the events surrounding the recall of 2.6 million cars that included a faulty ignition switch which has been blamed for deaths,  Reuters said.GM has already been impacted financially due to the part problems. The company reported $125 million in net income in the first quarter of 2014 compared to $865 million during the same quarter in 2013. The company spent $1.3 billion to pay for a recall of nearly 7 million cars,  the New York Times reported.