• Forecast
  • News Tip
  • Categories
Temperature Precipitation
Estimated read time
2m 50s

GM announces giant new recall

By Alain Sherter/CBS News 5:45 PM June 30, 2014

General Motors (GM) is recalling another 8.2 million vehicles because of a range of problems, with the automaker saying on Monday that it is aware of three fatal crashes involving affected models.

The company announced six new safety recalls for seven vehicles from the 1997 to 2014 model years. GM said it is aware of seven crashes and eight injuries, along with the three deaths, among the recalled vehicles. The fatal accidents involved older full-size sedans being recalled for what the auto giant described as “inadvertent key rotation.” Despite the recall, GM noted that it has no proof that the key defect caused those crashes.

“We have worked aggressively to identify and address the major outstanding issues that could impact the safety of our customers,” GM CEO Mary Barra said in a statement. “If any other issues come to our attention, we will act appropriately and without hesitation.”

Among the cars included in the latest recall are the 2003 through 2014 Cadillac CTS, 2011 thorough 2014 Chervolet Cruze and 2007 through 2011 Chevrolet Silverado HD (see chart at bottom for a full list of the vehicles GM recalled Monday).

GM urged drivers to remove all items from their key ring, including the fob, and to leave only the vehicle key.

GM has now recalled roughly 29 million cars and trucks around the world this year. Faulty ignition switches in Chevrolet Cobalts and other vehicles is linked to at least 13 deaths and more than 50 accidents. The U.S. Transportation Department in May fined GM $35 million for the safety issues related to the delayed recall.

According to a GM spokesperson, there are about 68 million registered GM vehicles on the road in the U.S. He notes that some of the vehicles recalled this year have been recalled for more than one issue.

Working on behalf of GM, attorney Kenneth Feinberg earlier Monday unveiled a plan to provide compensation for people killed and injured in accidents caused by faulty ignition switches in some of the automaker’s vehicles. The GM compensation fund will offer claimants at least $1 million, plus other payouts.

Victims in the latest round of recalls won’t be included in the fund, GM spokesman Alan Adler said.

Following the latest barrage of recalls, GM chief Mary Barra said the company has “worked aggressively” to identify vehicle problems that could threaten the safety of its customers.

“Our customers deserve more than we delivered in these vehicles,” she said in a statement. “That has hardened my resolve to set a new industry standard for vehicle safety, quality and excellence.”

Trading in GM shares was briefly halted Monday afternoon. After trading resumed, the stock fell 1.2 percent, to $36.19.

In announcing the latest recalls, GM said it expects to take a charge of $1.1 billion in the second quarter to account for recall-related repairs. That brings the company’s writedowns from the recall this year to $2.5 billion.

 

gmrecall.jpg

 GM

 

© 2014 CBS Interactive Inc.. All Rights Reserved.

Latest Stories

  • News

    Diversity a theme at Walker transition conference in Anchorage

    by Shannon Ballard on Nov 22, 18:42

    It would be easy to have a closed-door discussion about the critical issues that face Alaska, but Gov.-elect Bill Walker says the conversation should belong to all Alaskans. “We get the best input the more people we have involved in the process,” said Walker. There is some risk associated with doing that. The bigger risk […]

  • Weather

    Evening News weather, Nov. 22

    by KTVA Weather on Nov 22, 18:20

    Clouds have invaded our space for the weekend with little moisture here in the Anchorage area. Daytime highs remain in the mid 30s with light winds as we head into Saturday night. Sunday brings more of the same conditions with increasing clouds across the Bowl. We’ll remain under this dry spell going into Thanksgiving. Sunshine […]

  • Sports

    UAA volleyball signs 2 Dimond players

    by KTVA Sports on Nov 22, 18:02

    A pair of Dimond Lynx are heading to the level of volleyball, but the trip is a short one.

  • News

    Government Hill gives back, continues holiday tradition for one resident

    by KTVA CBS 11 News on Nov 22, 17:02

      Putting up Christmas lights and decorations is a holiday tradition for Government Hill resident Jeff Fowler. “It started when we lived on the south end of town,” said Fowler. “One at a time, started buying them and when we moved here, new and more stuff just started showing up.“ Over the years, the grand […]

  • News

    Obama highlights Sitka School District’s efforts in technology

    by KTVA CBS 11 News on Nov 22, 13:00

    This week, the Sitka School District got a shout-out from President Barack Obama. Superintendent of Sitka Schools Mary Wegner was in Washington, D.C. on Wednesday, joining more than 100 superintendents from across the country gathered together at the White House for the ConnectED to the Future conference. The day-long event recognized some of the nation’s […]

  • News

    Fairbanks prisoner accused of soliciting murder

    by Associated Press on Nov 22, 12:01

    An imprisoned former chiropractor and gun dealer from Fairbanks has been accused of attempting to solicit the murder of federal officers while behind bars. The Fairbanks Daily News-Miner (http://goo.gl/VVMn92 ) reports Guy Christopher Mannino, 56, has been in prison since Oct. 2013 awaiting sentencing for federal weapons charges. The office of the U.S. Attorney says […]

  • News

    Alaska Gov.-elect Walker names full transition team

    by KTVA CBS 11 News on Nov 22, 11:47

    Gov.-elect Bill Walker has taken his first big step towards taking over the helm of outgoing Gov. Sean Parnell. Walker kicked off his transition conference Friday night at the Alaska Airlines Center. There, about 300 people showed up to hear the incoming administration’s overview of Alaska’s current financial situation. Walker was blunt in his address, saying […]

  • News

    5,000 toys to be delivered to tots around Alaska

    by KTVA CBS 11 News on Nov 22, 11:06

    Alaska Airlines and the U.S. Marines are getting into the holiday spirit and children around Alaska are reaping the benefits. Friday, Marines delivered nearly 5,000 toys to the airline’s cargo hanger to be shipped out to children across the state. As part of their annual Toys for Tots program, all of the gifts were donated […]