DETROIT (WKZO) — General Motors closed out 2014 with a net income of 2.8-billion dollars marking the fifth consecutive profitable year. Fourth quarter net income was 1.1-billion, up from just under a billion in the fourth quarter of 2013.
GM CEO Mary Barra says that a strong fourth quarter helped them to deliver very good core operating results for the year despite significant challenges. Those challenges include the delayed recall of millions of vehicles because of a faulty ignition switch and the federal investigation into the handling of that situation.
