General Motors announced the recall of another 2.4 million cars this week, bringing the total figure for this year to a stunning 13 million. (Last year it recalled less than one million cars.) The company, which appointed Mary Barra as its first female CEO in December, said the latest recall would result in a $400 million charge.
Just over two months into her tenure as GM Chief Executive, Mary Barra is faced with perhaps the biggest crisis the automaker has faced since its bailout. GM had recalled 3.15 million cars for various safety failures and said it would take a $300 million charge this quarter. Further, the company had been criticized for its tightly-controlled press management of the crisis.
“We are conducting an intense review of our internal processes and will have more developments to announce as we move forward,” said GM CEO Mary Barra.
A breakdown of the 23 women at the helm of Fortune 500 companies and the operations they run on the heels of GM’s appointment of Mary Barra, who is its first female CEO.
She’s a “car gal” who’s been at GM since she was 18.