General Motors Recalls Hurting Share Price (Video)

Brand new Chevrolet cars sit on the sales lot at F.H. Dailey Chevrolet on May 15, 2014 in San Leandro, California. GM has issued 24 recalls in 2014 that have affected 11.2 million vehicles in the U.S. and 12.8 worldwide. Justin Sullivan/Getty Images
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General Motors stock looked like it was poised for a bull run six months ago, heading into the holidays, the automaker’s sales were up, and so was its stock. But 29 different recalls, all since February of this year, have erased big gains.