Last January Ford Motor Co. (NYSE: F) recalled 450,000 minivans and SUVs in January and Toyota Motor Corp. (NYSE: TM) recalled more than 680,000 cars and light trucks in March.
GM said that no injuries or crashes have been reported which are related to the issue. The company will begin sending out recall notices in mid-July.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
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