Dow gives back 0.2%. Watch these stock charts: NKE, S, CREE >>> READ MORE

GM Recalls Cadillac, Buick and Chevrolet Models

The cars have defective head restraints and faulty airbag systems


General Motors NYSE:GMGeneral Motors (NYSE:GM) said on Wednesday that it is recalling 12,000 Cadillac XTS sedans, as well as a number of Buick Verano, Chevy Cruze and Sonic models.

A defect in rear seat head restraints in Cadillac XTS models produced between October 2011 and August 2012 places them too low to satisfy federal safety requirements. The problem could raise the chances of passenger neck injuries in accidents, the Los Angeles Times noted.

Auto Market WILL NOT Be Flooded With Flood-Damaged Cars
Auto Market WILL NOT Be Flooded With Flood-Damaged Cars

The Verano, Cruze and Sonic models are being recalled over an electrical fault in airbag deployment systems.

Owners of the affected vehicles will be contacted by GM, which will foot the bill for repairs.

Shares of GM fell about 1% in Thursday mid-day trading.

A number of other automakers have issued recalls in the past year:

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC