GM Recalling 38K+ Hybrids Over Stalling, Fire Risk

Vehicles manufactured before December 2012 are affected

   

General Motors2 300x199 GM Recalling 38K+ Hybrids Over Stalling, Fire RiskOn Monday, General Motors (NYSE:GM) issued a recall for some vehicles featuring its eAssist hybrid system.

The recall affects more than 38,000 Chevrolet Malibu Ecos and Buick LaCrosse and Regal hybrids. Faulty circuit boards located in the vehicles’ trunks were vulnerable to over-heating, which could cause the vehicles to stall and spark fires, the Los Angeles Times notes.

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GM said drivers would be alerted by indicator lights on the dashboard as the vehicles’ batteries drained due to the overheating. It became aware of the problem in October implemented a new design, meaning that cars manufactured after December 2012 are not affected by the problem.

Owners of affected vehicles are advised to return their vehicles to dealerships at once if they notice a warning light.

A number of incidents have been linked to the faulty circuit boards, most occurring during the vehicles’ initial 1,000 miles of use. No injuries have been reported.

Last month, Honda (NYSE:HMC), Toyota (NYSE:TM), Nissan(PINK:NSANY) and Mazda recalled 3.4 million vehicles sold around the world due to defective airbag systems from Takata Corp.

Also in April, Fiat‘s (PINK:FIATY) Chrysler recalled 247,000 cars and SUVs over problems with gas hoses, drive shafts and air bag warning lights.

In March, Ford (NYSE:F) recalled 230,000 minivans sold in the U.S. over potentially dangerous rust accumulation in rear wheel wells.

Shares of GM fell fractionally in Tuesday morning trading.


Article printed from InvestorPlace Media, http://investorplace.com/2013/05/gm-recalling-38k-hybrids-over-stalling-fire-risk/.

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