GM Confirms Several Government Investigations Into Recalls

General Motors is now the subject of five different government investigations after a series of recent recalls, the car company confirmed on Thursday.

"We are also the subject of various inquiries, investigations, subpoenas and requests for information from the U.S. Attorney’s Office for the Southern District of New York, Congress, NHTSA, the SEC, and a state attorney general in connection with our recent recalls," GM revealed in a filing. "Such investigations could in the future result in the imposition of damages, fines or civil and criminal penalties."