GM Profits Pancake on Recall Costs By Luke Vandezande Apr 24 2014 Share this Article Tweet Amid executing a recall covering 2.6 million vehicles, General Motors’ first quarter net income sank 86 percent compared to the same period a year ago. Continue Reading... Filed under: Featured Articles GMTags: costs, expenses, general motors, GM, Ignition Switch, Income, profit, Q1, quarterly income, recall, recall expenses, recall-related costs, Safety