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New recall action from GM

  • General Motors (GM) will recall 1.3M additional vehicles to address an issue with power steering, according to reports.
  • Some older Chevrolet Malibu, Chevrolet Cobalt, Saturn Aura, and Pontiac G6 vehicles are included in the total.
  • GM expects to take a charge of close to $750M in Q1 to cover many of the costs of recall repairs. The tally includes a previously disclosed $300M charge for other safety actions announced in March and the ignition switch recall.
Comments (3)
  • funfun
    , contributor
    Comments (2017) | Send Message
     
    Is there currently existing a single car, van, or truck which has NOT been recalled by GMC, the Generally Malmanaged Company? …funfun..
    31 Mar, 09:01 PM Reply Like
  • mattm
    , contributor
    Comments (106) | Send Message
     
    4q
    1 Apr, 01:22 AM Reply Like
  • Budavar
    , contributor
    Comments (1387) | Send Message
     
    To-day another day towards the road to bankruptcy?

     

    Previously I referred to GM's "problems" as a can of worms.

     

    The tsunami of bad news include more models, different parts + additional "surprises".

     

    Even a $20 GM appears wildly overpriced.
    1 Apr, 03:31 AM Reply Like
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