Wouldnt Recall News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hence the mountain of recalls, the last thing they want is to be accused of delaying another one. >> they're cleaning out their closets, going through, minding every issue that they've had in the past that maybe should have been a recall and making it a recall. >> reporter: so far fixing all those recalled cars will cost gm $1.7 billion this year, and the stock is down 18% year to date. but what might be surprising is that all the recalls haven't made a dent in gm's sales which were 7% higher in april than a year ago. >> what gm is doing is talking, saying that we're going to be a good corpora...

Cars. that's what sergio marcioni said of chrysler. he said if we're going to do this much oversight, every little, teeny thing is going to create a recall, it's going to cost somebody money down the road, and it's going to be the consumer. >> interesting. so poppy, still, despite what was just said, that people are still buying general motors cars and still driving them, you have to wonder if it's -- if these cars are safe to drive. and i know you're fixing little, tiny things, but it's still concerning when there are so many recalls. >> reporter: yeah, i think that's such an important questi...

>> reporter: they're buying a lot of them. as you just heard in the piece, 7% higher, sales were, in april, the latest numbers we have, than a year ago. i think this is playing out -- this is what we typically see. recalls don't tend to hurt automakers, interestingly. but what we're also seeing here is that gm is recalling literally everything but the kitchen sink. if they see any potential problem. that is the exact opposite of what they did with the ignition switch defect, and you saw what's happened to them since. the congressional testimony, the department of justice investigation, the civ...

Executives were briefed on information associated with this recall. >> reporter: that violation alone cost gm the maximum $35 million civil fine and will likely cost the company significantly more in victim compensation and potential other fines. this is all on top of a criminal probe by the department of justice surrounding the ignition switch defect. >> my sincere apologies to everyone who has been affected by this recall. especially the families and friends who lost their lives or were injured. >> reporter: but barra is not new to general motors. she's been with the company for 33 years, fo...