General Motors (GM) Recalls ~4.3M Vehicles Related Front Air Bag Issue
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- AMC Entertainment (AMC) Enters $250M ATM Agreement
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Home Depot (HD) to Acquire SRS Distribution for $18.25B EV
General Motors (GM) Affirms Recall of 3.64M Vehicles for Front Airbag SDM
September 9, 2016 12:45 PM EDTGeneral Motors (NYSE: GM) is voluntarily recalling approximately 3.64 million 2014-17 model year vehicles in the United States. The sensing and diagnostic module (SDM) in these vehicles, which controls airbag and pretensioners deployment, contains a software defect that may prevent the deployment of frontal airbags and... More
General Motors (GM) Shares Slump to Lows on Air Bag Recall
September 9, 2016 12:41 PM EDTGeneral Motors (NYSE: GM) shares are trading to session lows following news that the company would recall around 4.3 million vehicles over front air bag issues. The stock is down 2.5 percent.
... MoreGM recalls 4.3 million vehicles over air bag-related defect
September 9, 2016 12:18 PM EDTBy David Shepardson
(Reuters) - General Motors Co (NYSE: GM) said on Friday it will recall nearly 4.3 million vehicles worldwide due to a software defect that can prevent air bags from deploying during a crash, a flaw already linked to one death and three injuries.
GM's action marked the latest massive air bag-related recall in recent years by leading automakers, and was the latest air bag-related issue the Detroit automaker has faced.
The world's No. 3 automaker said the sensing and diagnostic module that controls air bag deployment has a... More
Russian watchdog says informed about recall of 3,257 Chevrolet cars
September 7, 2016 9:19 AM EDTMOSCOW (Reuters) - Russian technical standards agency Rosstandart said on Wednesday it had been informed about a voluntary recall by General Motors Co (NYSE: GM) of 3,257 Chevrolet Cruze and Chevrolet Orlando cars.
The vehicles, sold between October 2011 and July 2012, are being called to workshops... More