GM Adds Another Half-Million Cars to 2014 Recall Total

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Camaro SS 2013
courtesy of General Motors
General Motors | GM Price Prediction Co. (NYSE: GM) announced Friday morning that it has issued four recall notices on four different cars, spanning a period of 11 model years, from 2004 to 2014. The largest of the recalls includes all the Chevy Camaros in the car’s current generation, which encompasses model years 2010 through 2014. That totals 464,712 cars in the United States and a global total of 511,528.

The Camaro is being recalled because the driver may bump the key fob while driving and inadvertently move the ignition switch out of the “run” position. If that should happen, the car would lose power. GM said it is aware of three crashes and four minor injuries that it says may be attributable to this condition. The problem is not unlike the ignition switch recall that affected 2.6 million GM vehicles, but it is not caused by the same defect.

GM has also recalled nearly 29,000 Saab 9-3 convertibles from model years 2004 through 2011 to replace a tensioning cable in the driver’s seat belt retractor. The company said it was unaware of any crashes, injuries or fatalities as a result of the faulty cable. Saab is now owned by Hong Kong-based National Electric Vehicle Sweden and the cars have been manufactured in Sweden since late last year following a bankruptcy in 2011.

The possibility of a fracture to the transmission turbine shaft in the model year 2012 Chevy Sonic is the cause of the third recall notice for nearly 22,000 cars. GM said it is also not aware of any crashes, injuries or fatalities due to this condition.

The fourth recall affects nearly 15,000 Buick LaCrosse sedans with a defective wiring splice in the driver’s side door that may corrode and break, causing the windows, sunroof and door chime to operate when the car is turned off and the driver is not in the vehicle. Again, GM is not aware of any crashes, injuries or fatalities from this problem.

Including these recalls, GM has recalled 14.4 million vehicles in the United States and 16.5 million in all of North America. The company has posted a handy list of all the recalls, the reason for each recall and the number of vehicles affected, for those of you keeping score at home.

ALSO READ: GM Report Identifies Corporate Incompetence and Neglect

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618