It seems General Motors Company (NYSE:GM) just can’t get past all the recalls. Today the automaker has announced six more recalls covering almost 718,000 vehicles in the U.S.
Details on General Motors’ Recalls
CNBC reports that GM has recalled the 2011 – 2012 Chevy Camaro; The 2010 – 2012 Chevy Equinox and GMC Terrain; 2011 – 2012 Buick Regal and LaCrosse; and the 2010 – 2012 Cadillac SRX. Those recalls are connected with a loose bolt that’s in the power seat adjuster in the front seat. Apparently the issue has caused some injuries.
General Motors recalled the Chevy Sparks for another issue, which relates to a bolt for the lower control arm. The automaker said it wasn’t “fastened to specification.” The company said it wasn’t aware of any injuries or accidents related to this problem but that it could potentially cause accidents by causing the driver to lose control of the steering.
GM sees demand for pickups, SUVs
For all the recalls and technical problems GM has experienced in recent months, its sales have been little affected. The automaker will be reporting its earnings tomorrow, and analysts are expecting the company to post the second consecutive quarter of increasing sales. Some are projecting a 2.7% increase in revenue for the quarter. Newsday reports that sales of pickup trucks and SUVs have helped prop up GM’s results in recent quarters.
GM has been battling a heavy cloud of recalls ever since it caught the attention of lawmakers with a faulty ignition switch issue that went on for years and caused multiple fatalities and injuries. General Motors has recalled about 29 million vehicles so far in North America.
This week it was revealed that Chrysler has also issued a recall in connection with a bad ignition switch. Although the automaker did not disclose the exact number of vehicles included in the recall, it estimates that up to 792,000 vehicles could be affected around the globe. It covers older Jeep Grand Cherokees and Jeep Commanders.