General Motors Co. (NYSE: GM) today issued a recall of more than 475,000 Chevrolet Cruze sedans to correct a problem that could lead to fires in the car’s engine compartment. The recall covers cars sold in model years 2011 and 2012 to customers in the US, Canada, and Israel. An additional 10,000 customers in Australia may also be affected.
Last January Ford Motor Co. (NYSE: F) recalled 450,000 minivans and SUVs in January and Toyota Motor Corp. (NYSE: TM) recalled more than 680,000 cars and light trucks in March.
GM said that no injuries or crashes have been reported which are related to the issue. The company will begin sending out recall notices in mid-July.
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
