• 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

    March for Science draws large crowd in downtown Anchorage

    by Eric Ruble on Apr 22, 17:33

    About 1,500 Alaskans gathered in downtown Anchorage Saturday morning to stand in solidarity with science. The March for Science is part of a national movement to increase the visibility of the scientific community and voice concerns about President Donald Trump’s policies regarding issues like climate change and healthcare. Bryan Box, a lead organizer for the Anchorage […]

  • Politics

    Trump says he’ll mark 100 days with Pennsylvania rally

    by Associated Press on Apr 22, 16:22

    President Donald Trump says he’ll mark his 100th day in office with a “BIG” rally in Pennsylvania. Trump hits 100 days on April 29 – next Saturday. He tweeted about the rally this Saturday, saying that next week “I will be holding a BIG rally in Pennsylvania. Look forward to it!” Next Saturday night I […]

  • News

    VIDEO: American Airlines flight attendant grounded after altercation caught on camera

    by Associated Press on Apr 22, 16:01

    The Latest on the confrontation on an American Airlines flight (all times local): 6 p.m. A passenger on an American Airlines flight says a flight attendant who has since been grounded nearly hit a baby when he jerked a stroller away from a woman holding the child. Olivia Morgan, an executive with an education-related nonprofit, […]

  • Lifestyle

    Photos: Alaskans march for science on Earth Day

    by KTVA Web Staff on Apr 22, 15:45

    Over 1,000 participants cheered and waved signs under clear, blue skies Saturday at the March for Science in Downtown Anchorage. The march was part of the larger worldwide event organized on Earth Day to recognize and bring awareness to scientific, fact-based decision making, which many feel has been under threat since the election of President Donald Trump. […]

  • News

    Ketchikan seafood processors to see water rate hikes

    by Associated Press on Apr 22, 13:14

    Officials in Ketchikan have approved an ordinance that more than doubles water rates for the southeast Alaska city’s seafood processors over the next three years. The Ketchikan Daily News reports the City Council approved the ordinance Thursday. Water rates will increase by 35 percent each year over the next three years for Ketchikan’s three fish processors […]

  • News

    New fees instituted at Interior Alaska recreation sites

    by Associated Press on Apr 22, 13:00

    The state will start charging fees for the popular Chena River State Recreation Area and other recreational sites in Interior Alaska next month. The Fairbanks Daily News-Miner reports that visitors to the 12 sites within the Chena recreation area will have to pay a $5 entrance fee starting in May. The daily fees will also go […]

  • On-Air

    Inside the Gates: JROTC cadets train on JBER

    by Bonney Bowman on Apr 22, 12:41

    Many high school students join the Army Junior Reserve Officer Training Corps (JROTC) program as a way to decide if they want to later enlist in the military. But for some, it’s a way to build confidence before heading to college and the workplace. JROTC cadets from East High School spent the day on Joint Base […]

  • News

    Hillside residents make preparations as wildfire season begins in Southcentral Alaska

    by Eric Ruble on Apr 22, 12:22

    Wildfire season has begun in Southcentral Alaska. People who live on the south end of Anchorage’s Hillside neighborhood got a scare Thursday night when police shut down the Seward Highway so firefighters could work on a fire near mile 105. It took 10 firefighters to get the two-acre fire under control. Michelle Corburn, who lives […]