Cars and Drivers

GM Recalls 119,000 Trucks, SUVs

2012 Chevy ColoradoGeneral Motors Co. (NYSE: GM) has notified the National Highway Traffic Safety Administration that the company is recalling 119,000 Chevy Colorado and GMC Canyon vehicles built in model years 2010 to 2012. The company said that the vehicles may have been assembled without the required secondary hood latch.

A secondary latch may be required to keep the hood closed in the event that the first latch fails to prevent the hood from flying open unexpectedly. GM said its first notice of the missing latch came in late September this year. The company did not report any accidents related to the missing latch.

Customers will get a letter from GM in mid-January with instructions on how to inspect the hood to determine if the latch is missing, or they will be able to take it to a dealer for inspection. If the latch is missing, GM will replace the vehicle’s hood.

As these things go, this is more an annoyance than a crisis. GM stock is off about 0.6% today, at $27.17 in a 52-week range of $18.72 to $27.91.

Paul Ausick

Essential Tips for Investing (Sponsored)

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

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