Tuesday, June 17, 2014

GM Recalls 3.36M Vehicles Over Ignition Problem

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In today's digest: General Motors issues another ignition-related recall; has fixed a handful of those affected by the original ignition recall; and unveils plans for three new compacts to be sold in emerging markets.

Autoblog reports GM has issued six total recalls of some 3.41 million North American vehicles built between the start of the new century and the present:

  • 2000 – 2005 Cadillac Deville; 2004 – 2005 Buick Regal LS, GS; 2004 – 2011 Cadillac DTS; 2005 – 2009 Buick Lacrosse; 2006 – 2008 Chevrolet Monte Carlo; 2006 – 2011 Buick Lucerne; 2006 – 2014 Chevrolet Impala: Ignition switch; 3.36 million recalled
  • 2013 – 2014 Cadillac ATS; 2014 Cadillac CTS: Shift cable/bracket separation in automatic transmissions; 68,887 recalled
  • 2015 Chevrolet Silverado 2500/3500 HD; 2015 GMC Sierra 2500/3500 HD: Potential poor connection of power steering hose clamp connection to power steering pump; 57,192 recalled
  • 2011 Cadillac CTS AWD: Premature rollover airbag deployment linked to gasket leak between constant velocity joint and rear propeller shaft; 16,932 recalled
  • 2014 Chevrolet Corvette: Premature passenger seat side airbag deployment linked to unbelted child and door trim in models with the Competition Sport Seat option; 712 recalled
  • 2014 – 2015 Chevrolet Silverado; 2014 – 2015 GMC Sierra: Movement of driver-side all-weather floor mats due to missing attachments in vinyl-floor models; 184 recalled

The automaker expects to take a $700 million charge in addition to the $400 million already forecast for Q2 2014.

Regarding the original ignition-related recall of 2.6 million vehicles back in February of 2014, Bloomberg reports 154,731 of the affected models have been fixed thus far. GM has also shipped 396,253 repair kits around the world to help dealer service bays repair the problem. Production of the parts has been non-stop for its supplier Delphi, where the line has been going strong through multiple shifts seven days a week.

Finally, Just-Auto says the automaker plans to unveil three new compact vehicles under the Amber project. The new compact sedan, SUV and hatchback will be designed in Europe and assembled in Brazil, with the finished products heading for emerging markets such as Brazil, Russia, India, Mexico et al. Potential global production is expected to reach between 1 million and 1.2 million units annually beginning around 2018 at the earliest.



from The Truth About Cars http://ift.tt/Jh8LjA

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