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GM to take $300 million hit on recall

GM has said it would take a 300 million dollars charge to earnings to cover the costs of several safety recalls, including faulty ignition switches and new recalls involving its Cadillac and Chevrolet vehicles amongst others. http://online.wsj.com/news/articles/SB10001424052702303563304579445180043774154?mod=WSJ_hp_LEFTWhatsNewsCollection&mg=reno64-wsj

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