GM Recalls 475,000 Cars (GM, F, TM)

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.