ALPHA Q

iTrader: (17)

I just read this:

General Motors Corp. said it was recalling more than 2 million vehicles to fix a variety of potential safety defects, most of them on cars and trucks sold in the United States.

In the latest setback for the world's largest automaker, GM said the largest of the safety actions included nearly 1.5 million full-size pickup trucks and sport utility vehicles from the 2003 to 2005 model years with second-row seat belts that may be difficult to properly position across passengers' hips.

GM, which led the auto industry in U.S. recalls last year, said it voluntarily conducted that recall, although it had no reports that the belts caused or contributed to any injuries, and an analysis indicates a very low likelihood of problems occurring.

GM shares fell more than 2 percent Monday morning.

"Recalling these vehicles to provide improved routing of the lap belt is an important precautionary measure," Bob Lange, GM's director of structure and safety integration, said in a statement.

The recall includes some of GM's top-selling pickup trucks and SUVs, including the model year 2003 to 2005 Chevrolet Suburban, Chevrolet Tahoe, Hummer H2, Cadillac Escalade, GMC Yukon, GMC Yukon XL and the crew cab versions of the Chevrolet Silverado and the GMC Sierra.

The recall is one of the largest for GM since March last year when it recalled more than 4 million full-size pickup trucks to replace tailgate support cables that may corrode and fracture. That led to a record year in recalls for GM, which ran counter to claims it had improved the quality of its cars and trucks.

OTHER RECALLS

Last week, GM said it lost $1.1 billion in the first quarter, including a loss of $1.56 billion in North America alone, where the automaker has lost market share to Japanese competitors with a reputation for building quality vehicles.

GM also announced five other recalls on Monday. They include a recall of 332,202 of the 1500 Series Chevrolet Suburban and Yukon XL SUVs from the 2000 and 2001 model years for possible overheating of fuel pump wires that could lead to engine stalling, failure to start, a possible fuel leak and inaccurate fuel-level readings.

Also recalled were 142,585 1500 Series Silverado and Sierra pickups from the 1999-2002 model years and 2500 and 3500 Series pickups from the 2001-2004 model years with manual transmissions. The parking brakes could wear out, allowing the vehicles to move unexpectedly.

GM also recalled 69,037 of its 2005 model year Buick Lacrosse and Buick Allure sedans, which went on sale last year, for a potential problem with a brake part that could lead to brake loss. GM said it was aware of a low-speed crash, which did not result in any injuries, as a consequence of the potentially faulty brakes.

Also recalled were 39,078 2004-model year Buick Rendezvous and Pontiac Aztek SUVs, which could stall or fail to start due to a faulty ignition relay. GM said the problem resulted in one minor crash, but no injuries.

Lastly, GM recalled 22,115 Saturn L Series wagons from the 2002 to 2004 model years because they were built with center and passenger-side rear seat belt anchors that fail to comply with U.S. and Canadian safety standards.

GM will notify owners of the recalled vehicles and dealers will repair the parts for free. Shares of GM were down 58 cents at $26.19 on the New York Stock Exchange.

technical

When it rains it pours huh...

I hope things turn around for GM.

Nourdmrolnmt1

the recalls are so minor it isnt funny.

because a seatbelt is "difficult" to position properly?

MIKE

technical

But it's costly.

10.5 Dave

iTrader: (5)

I agree.At least they don't catch on fire in your garage and burn your house to the ground like Ford's do.

Spazdout

zombie1

Still waiting on the piston slap recall....still waiting....still waiting

2002BlackSS

iTrader: (4)

Minor issues, but being a perfectionist myself, I'm encouraged to see a company voluntarily recall. Wouldn't it be nice if everyone could admit their errors and attempt to fix them?

Silver6sp

iTrader: (2)

doesnt seem like big recalls, at least they are taking action and fixing ****, i work for a ford dealer and it seems like we have nothing but stupid *** recalls, 02-04 explorer/mountaneer rear glass hinges, most of them shatter while doing, many new ford sealed trans in explorers/mountaneers/avaitors, with sealed trans(no dipsticks) we have a fluid addative recall, the house burning cruise control in the trucks, the 6.0 pcm reprogram and reprogram and reprogram, spring shields on taurus/sables for when the front springs break. and other bs recalls that we get paid **** to do. sorry guys just a little venting, all the guys i work with just hate doing stupid blue oval mistakes.

GoldenVelvet

Granted that the recall is a small problem but still its MORE bad press for GM at a time that they really cant afford more bad ink. It doesnt promote sales when people here "Safety Recall" even if it is trivial.

30th droptop

iTrader: (-1)

Since GM is already reeling, it's good press to keep heaping it on. All manufacturers have recalls, and some nasty lawsuits in the past have convinced GM that it's better to be pre-emptive than try to dodge customer complaints.

I've got my fistfull of money, ready to buy GM stock when it hits "bottom" (if I can figure out when that is!)

SSlow 4.8

iTrader: (4)

ya... the parking break thing.. happens to me quite often lol.