Markets
SUP

GM Recalls 6,300 Police Cars in the U.S. Over Steering Flaw

An image of rising and declining prices
Credit: Shutterstock photo

General Motors CompanyGM announced that it is recalling 6,300 police vehicles in the U.S. These vehicles are being recalled as the electric power-assisted steering runs the risk of failure.

The vehicles covered under this recall mainly include Chevrolet Caprice Police Pursuit vehicles of model years 2014-2016. General Motors detected that the failure of the electric power-assisted steering is resulting from corrosion on the connector. The police car generally runs for about 20 hours per day, which can lead to heat generation under the hood when the vehicle is idle. In such a situation, the driver can opt for manual steering. However, manual steering requires more effort and also increases the chances of a crash.

The problem was first identified when the Illinois police department complained to the automaker about the power steering. General Motors confirmed that there have been no reports of any casualties related to this defect. The automaker further said that dealers will replace the steering gear control unit.

Last month, General Motors announced that it is recalling 200,000 vehicles of its former brands, Saab and Saturn, in the U.S. and Canada. This recall is part of a broader recall of 5.4 million vehicles in the U.S. due to faulty Takata driver side airbag inflators.

Under this recall, the automaker is recalling 180,000 vehicles from the U.S. and another 20,000 from Canada. The models covered under this recall mainly include Saab 9-3 of model years 2003-2011, Saab 9-5 of model years 2010 and 2011, and Saturn Astras of model years 2008 and 2009. These vehicles are equipped with Takata PSDI-5 front driver-side airbag inflators.

General Motors currently carries a Zacks Rank #3 (Hold).

Stocks that Warrant a Look

Some better-ranked automobile stocks include Wabash National Corp. WNC , Federal-Mogul Holdings Corporation FDML and Superior Industries International, Inc. SUP . All three stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

SUPERIOR INDS (SUP): Free Stock Analysis Report

FEDERAL MOGUL-A (FDML): Free Stock Analysis Report

WABASH NATIONAL (WNC): Free Stock Analysis Report

GENERAL MOTORS (GM): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

SUP WNC GM

Other Topics

Stocks

Latest Markets Videos