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Recall roundup: GM SUVs for ignition switch issue


General Motors hasn’t gotten over the ignition switch issue and had to announce yet another recall, because of the ignition lock actuator which may bind. The newest recall announced by General Motors is affecting the Cadillac Escalade, the Escalade ESV, the Escalade EXT, the Chevrolet Avalanche, the GMC Sierra LD, the Sierra HD, the Yukon, Yukon XL, Chevrolet Silverado HD, Silverado ...
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US: GM accepts $800 million charge to redeem preferred shares
The largest US automaker, General Motors, has recently announced it will incur a charge of around $800 million during the fourth quarter of the fiscal year ending March 31, 2015 ...
US: suppliers add jobs, facilities on increased GM pickup production
General Motors has introduced the redesigned Chevrolet Colorado and GMC Canyon pickups on the production roaster this year and already the suppliers surrounding the Wentzville assembly facility push for increased ...
US: taxpayers lost $9.3 billion from automotive rescues
Back in 2009, the crisis was grinning at one of the largest and most powerful industry in the US – the auto sector. The government had to step in and ...
US: record recall year – more than 60 million units
Just a few short days remain from 2014 and it will surely go down in history as the “auto safety crisis” year, with US recalls alone topping 60 million autos ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt predecessor says that the ignition switch defects were illegally hidden from ...
GM and Jaguar Land Rover stopped deliveries to Russia
In response to the slide in the rouble’s value, automakers, General Motors and Jaguar Land Rover included, decided to stop delivering to Russian dealerships. The currency in Russia has been affected ...
Recall roundup: GM vehicles for headlamps problems
General Motor has recently issued a recall for more than 315,000 vehicles because of a problem spotted with the low-beam headlamps. According to the North American based automotive giant, no less ...
GM’s recently discovered switch order puts CEO Barra under dark spot
While General Motors was hoping that its ignition switch debacle was finally out of the general public’s attention, the recent discovery of emails sent in December to order ignition switch ...
US: Ram trucks lift Chrysler’s earnings
The full-size pickup truck segment is hotter than ever – Ford’s aluminum intensive F-150 is ready to hit dealerships and the Chrysler Ram brand is making innards into a larger ...

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