News

GM recalls another 1.5M vehicles

GM recalls another 1.5M vehicles

MORE RECALLS: GM said it is recalling more than 1.5 million newer sport utility vehicles, luxury sedans and full-size vans in three separate recalls. Photo: Reuters

DETROIT (Reuters) – General Motors Co will take a $300 million charge primarily to cover the costs related to the faulty ignition switches linked to at least 12 deaths as well as three more recalls it announced on Monday.

The No. 1 U.S. automaker, which will take the charge in the first quarter, did not provide a breakdown of how much was related to the ignition-switch recall of more than 1.6 million older-model vehicles.

GM also said it is recalling more than 1.5 million newer sport utility vehicles, luxury sedans and full-size vans in three separate recalls. While there were reports of engine compartment fires in two dealer-owned Cadillac XTS sedans, the company said it has received no reports of accidents or injuries related to the three new recalls.

“I asked our team to redouble our efforts on our pending product reviews, bring them forward and resolve them quickly,” GM Chief Executive Mary Barra said in a statement. “That is what today’s GM is all about.”

She previously apologized for how GM handled the ignition switch recall and said the company would take an “unvarnished” look at the process while making customer safety and satisfaction the top priority.

“We are conducting an intense review of our internal processes and will have more developments to announce as we move forward,” Barra said on Monday.

The ignition-switch recall has led to government criminal and civil investigations, an internal probe by GM and preparations for hearings by Congress. All ask why GM took so long to address a problem it has said first came to its attention in 2001.

GM said that when the ignition switch was jostled, a key could turn off the car’s engine and disable airbags, sometimes while traveling at high speed. GM has said it received reports of 12 deaths and 34 crashes in the recalled cars, although safety advocate groups have urged a deeper investigation, arguing the number of fatalities involved has been understated.

On Friday, the Detroit automaker was hit with what appeared to be the first lawsuit related to the ignition-switch recall, as customers claimed their vehicles lost value because of the ignition switch problems. The proposed class action was filed in a Texas federal court.

(Reporting by Ben Klayman; editing by Matthew Lewis)

Recent Headlines

in Viral Videos

Shark Wahlberg

Fresh
18-overlay1

Grab the peanut butter, here comes a jellyfish.

in National, World

Six powers and Iran to continue nuclear talks past deadline

Fresh
irankerry

It is the fourth time the parties have extended the terms of the interim deal, which was struck in November 2013 and provided Iran with limited sanctions relief in exchange for a halt to the production of uranium enriched to a purity level of 20 percent.

in Music

Aerosmith star Tom Hamilton is cancer free

Fresh
tomhamiltonaerosmith

The bassist was diagnosed with throat and tongue cancer in 2006, but the disease returned in 2011 prompting him to seek further treatment.

in Music

Remember that time the Rolling Stones got arrested in Arkansas?

13-overlay2

The Hall of Fame rockers were arrested for reckless driving 40 years ago but for a young deputy prosecutor the case was one to remember.

in Entertainment

Police raid Indy home of ‘Jared from Subway’

Updated
jaredfogle

The raid comes just months after the former director of the sandwich spokesman's nonprofit Jared Foundation was arrested on federal child pornography charges.