{"id":45895,"date":"2014-05-16T09:37:02","date_gmt":"2014-05-16T14:37:02","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=45895"},"modified":"2014-05-16T09:37:02","modified_gmt":"2014-05-16T14:37:02","slug":"update-g-m-recalls","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=45895","title":{"rendered":"Update G.M. Recalls"},"content":{"rendered":"
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DETROIT\u00a0–\u00a0 5-16-14 General Motors Co\u00a0said on Thursday it has issued five more recalls, covering almost 3 million\u00a0vehicles\u00a0globally, and is expected to take a charge of up to $200 million.<\/p>\n

Still dealing with fallout from the recall of defective\u00a0ignition switches\u00a0linked to at least 13 deaths, the No. 1 U.S. automaker said the largest of the latest recalls covers more than 2.7 million\u00a0cars\u00a0for\u00a0tail lamp\u00a0malfunctions, including the\u00a0Chevrolet Malibu,\u00a0Pontiac G6\u00a0and\u00a0<\/a>Saturn Aura\u00a0<\/a>cars.<\/p>\n

The other four recalls\u00a0<\/a>cover Malibu, Chevy\u00a0Corvette\u00a0sports\u00a0cars,\u00a0Cadillac CTS\u00a0sedans and full-size trucks and SUVs. Most of the\u00a0vehicles\u00a0were sold in the\u00a0United States.<\/p>\n

GM said the new actions were a result of the sharper focus the company has put on safety issues following the recall earlier this year of 2.6 million\u00a0vehicles\u00a0for the faulty\u00a0switch. So far this year, GM has recalled almost 12.8 million\u00a0vehicles\u00a0globally, easily topping the 9 million recalled in the previous five years combined.<\/p>\n

“We have redoubled our efforts to expedite and resolve current reviews in process and also have identified and analyzed recent vehicle issues which require action,” GM’s global vehicle safety chief, Jeff Boyer, said in a statement.<\/p>\n

Boyer said in an interview that the company’s focus has been on the frequency and severity of any potential problems. He added GM continues to study how it handles recalls for further improvement in the process.<\/p>\n

GM is under investigation by U.S. safety regulators,\u00a0Congress, the\u00a0Department of Justice, the U.S. Securities and Exchange Commission and several states for its handling of the defective\u00a0ignition switch, which engineers first discovered in 2001. GM has been criticized for failing to detect the faulty\u00a0part\u00a0and for not recalling the\u00a0vehiclesearlier.<\/p>\n

GM expects to complete an internal probe of its handling of the issue within the next two weeks.<\/p>\n

Meanwhile, GM’s board has hired New York law firm\u00a0Wachtell, Lipton, Rosen & Katz to provide advice regarding the company’s handling of the\u00a0ignition switch\u00a0recall, said a person familiar with the matter.<\/p>\n

The law firm did not immediately respond to a request for comment and GM declined to comment.<\/p>\n

The\u00a0Detroit\u00a0company said it expected to take a charge of up to about $200 million in the second quarter for the latest recalls, mostly for the cost of repairs. In the first quarter, GM took a charge of $1.3 billion mostly related to the\u00a0ignition\u00a0switch\u00a0recall.<\/p>\n

Of the 2,991,140\u00a0vehicles\u00a0recalled on Thursday, more than 2.7 million were sold in the\u00a0<\/a>United States, more than 201,000 in\u00a0<\/a>Canada, more than 1,200 in\u00a0<\/a>Mexico\u00a0and more than 76,000 were exported outside\u00a0<\/a>North America.<\/p>\n

In the\u00a0<\/a>tail lamp\u00a0recall, GM said it was aware of several hundred complaints, 13 crashes and two injuries. It had issued a dealer service bulletin for the problem in 2008 and recalled a\u00a0<\/a>smaller number of vehicles\u00a0in January 2009. GM said it was not aware of any fatalities related to Thursday’s recalls.<\/p>\n

In the\u00a0<\/a>Malibu\u00a0recall, GM caught a potential faulty brake issue on April 24, during development of an upcoming model, and after further testing ordered a recall on May 7, according to documents filed with the U.S. National Highway Traffic Safety Administration.<\/p>\n

GM shares were down 1.7 percent at $34.33 on Thursday afternoon on the New York Stock Exchange.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

DETROIT\u00a0–\u00a0 5-16-14 General Motors Co\u00a0said on Thursday it has issued five more recalls, covering almost 3 million\u00a0vehicles\u00a0globally, and is expected to take a charge of up to $200 million. Still dealing with fallout from the recall of defective\u00a0ignition switches\u00a0linked to at least 13 deaths, the No. 1 U.S. automaker said […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-45895","post","type-post","status-publish","format-standard","hentry","category-state"],"_links":{"self":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/45895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45895"}],"version-history":[{"count":2,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/45895\/revisions"}],"predecessor-version":[{"id":45897,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/45895\/revisions\/45897"}],"wp:attachment":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45895"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}