Cars and Drivers

GM Recalls 426,000 Cars

U.S. automaker General Motors Co. (NYSE: GM) said today that it is recalling 426,240 U.S. vehicles to fix a problem with the cars’ transmissions. The affected models are Chevrolet Malibu, Pontiac G6 and Saturn Aura built between 2007 and 2010.

The recall will also affect 40,029 vehicles in Canada and 7,572 in other markets around the world.

The problem affects cars with four-speed automatic transmissions. The transmission shifter may indicate that the car is in Park, but the gearbox may not match the indicated position, causing the car to roll. The company said it is aware of four crashes related to the problem, but that none has caused an injury.

GM said it will fix the issue by adding a reinforcement to the end of the shift cable to prevent the part from breaking.

The company is also recalling 6,475 Chevrolet Sonic subcompacts to repair a faulty turn-signal bulb. GM said it knows of no accidents related to this problem.

GM shares are down 1.3% at $24.50 in premarket trading this morning, in a 52-week range of $18.72 to $ 27.68.

Paul Ausick

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.