General Motors has said that the company is recalling 1.3 million cars in U.S because the electronic power steering does not work perfectly. A senior official of the company said that we have recalled Malibu Maxx, Saturn Aura, Chevrolet Malibu, Pontiac G6, Chevrolet HHR, and Saturn Ion. He further said that “though most of the cars are from 2010 yet models of vehicles vary”.
The General Manager of G motors said that we are well aware of the injuries and crashes but we have not received any confirmed testimony of serious fatalities. He further said that we have received the data pertaining to incidents and the company is reviewing the potential relevance.
It is said that the cost related to recalls shall be more than $750 million in the first quarter. On the other hand, there is too much pressure over the new CEO Marry Barra – for the consistent recalls- from the congress. Besides, General Manager of the company said that “if power steering does not work perfectly, a message appears on the Driver Information Center which informs the driver about the defect”.
Lastly, he was of the opinion that G motors had lost $34.42 in trading after the announcement of new recalls.