S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Cars and Drivers

GM Recalls 4.3 Million Vehicles for Airbag Problem

Photo of Paul Ausick
By Paul Ausick Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
GM Recalls 4.3 Million Vehicles for Airbag Problem

© General Motors Co.

General Motors Co. (NYSE: GM) is recalling 3.64 million cars and light trucks sold in the U.S. and about 700,000 more sold worldwide to fix a software bug that prevents the front airbags from deploying in the event of a crash. The repair involves installing new software for the airbag sensing and diagnostic module (SDM).

The National Highway Traffic Safety Administration (NHTSA) is requiring GM to notify owners of the affected vehicles to take the vehicle to the dealer to reflash the SDM software. If the vehicle has had a previous airbag deployment the SDM will have to be replaced. Dealers may not charge customers anything for this service.

Affected vehicles were manufactured for model years 2014 through 2017, and include the following models:

  • Buick Encore: 2014-2017
  • Buick LaCrosse: 2014-2016
  • Cadillac Escalade: 2015-2017
  • Cadillac Escalade ESV: 2015-2017
  • Chevrolet Caprice Police Pursuit: 2014-2017
  • Chevrolet Corvette: 2014-2017
  • Chevrolet Silverado 1500: 2014-2017
  • Chevrolet Silverado 2500: 2015-2017
  • Chevrolet Silverado 3500: 2015-2017
  • Chevrolet Spark EV: 2014-2016
  • Chevrolet SS: 2014-2016
  • Chevrolet Suburban: 2015-2017
  • Chevrolet Tahoe: 2015-2017
  • Chevrolet Trax: 2014-2017
  • GMC Sierra 1500: 2014-2017
  • GMC Sierra 2500: 2015-2017
  • GMC Sierra 3500: 2015-2017
  • GMC Yukon: 2015-2017
  • GMC Yukon XL: 2015-2017

[nativounit]

GM’s stock has dropped about 2.8% Friday to $30.83 in a 52-week range of $26.69 to $36.88.

[wallst_email_signup]

Photo of Paul Ausick
About the Author Paul Ausick →

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.

Continue Reading

Steering Problem Leads to GM Recall of 1.2 Million Pickups, SUVs
Paul Ausick |

Steering Problem Leads to GM Recall of 1.2 Million Pickups, SUVs

GM is recalling more than a million 2015 model year pickups and SUVs to repair a problem that may occur…

Paul Ausick |

GM Adds Yet Another 718,000 Vehicles to Recall Tally

courtesy of General MotorsGeneral Motors Co. (NYSE: GM) announced six recalls totaling 717,950 recent model vehicles Wednesday, just a day…

Brake Defect Forces GM Recall of 3.5 Million SUVs and Trucks
Paul Ausick |

Brake Defect Forces GM Recall of 3.5 Million SUVs and Trucks

GM is recalling nearly 3.5 million pickups and SUVs to fix a defect that may cause the vehicles to take…

Costco Wants To Sell You A Chevy, And A Volvo
Douglas A. McIntyre |

Costco Wants To Sell You A Chevy, And A Volvo

Costco Wholesale Corporation (NASDAQ: COST | COST Price Prediction) has been in the car sales business for years. It occasionally…

This List Of Best Selling GM Vehicles Of All Time Is Full of Surprises
Austin Smith |

This List Of Best Selling GM Vehicles Of All Time Is Full of Surprises

General Motors, better known as GM, is one of the “Big Three” largest automakers in the U.S., along with Ford…

Paul Ausick |

GM Recalls 800,000 Chevy and GMC Pickups

General Motors has initiated a recall of some 800,000 model year 2014 Chevy and GMC pickups to fix a problem…

Douglas A. McIntyre |

Car Company 0% Financing Surges as Year Ends

Courtesy Ford Motor Co.Car companies are not exactly giving their products away, but as the year draws to a close…

Paul Ausick |

GM’s Chevy Cruze, Pickups and SUVs Recalled

General Motors reportedly is recalling 172,000 Chevy Cruze vehicles and 490,200 Silverado, Suburban and other pickups and SUVs. Also, CEO…

Paul Ausick |

GM Offers Owners of Recalled Cars a Loaner, Cash Back on New Purchase or Lease

GM has notified its dealers that they may provide owners of models identified as having the ignition switch defect with…

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820