Breaking News
FONT-SIZE Plus   Neg
Share SHARE

GM Recalls Vehicles In China On Safety Concerns

RELATED NEWS
Trade GM now with 

Automaker General Motors Co. (GM: Quote, GM.TO) is recalling 18,204 imported sport utility vehicles in China due to their anti-lock breaking systems that may cause a safety hazard, according to statement on the website of the nation's General Administration of Quality Supervision, Inspection and Quarantine.

The recall affects 16,618 Chevrolet Captiva vehicles and 1,586 Opel Antara vehicles built between April 11, 2006 and November 9, 2009.

The anti-lock breaking systems of these vehicles may have difficulty in functioning normally due to brake fluid impurities, the statement added.

GM closed on Wednesday at $24.88, up $0.30 from the previous close, on 6.89 million shares.

Click here to receive FREE breaking news email alerts for General Motors Company and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Toyota Motor Corp. (TM, TYT.L) Thursday announced 1.1 percent decline in worldwide production for October, as there was a sharp decline in production of passenger cars in Japan. Production outside Japan improved 2.3 percent. In a separate announcement, the Japanese automaker said it will recall more... Computer and printer maker Hewlett-Packard Co. said Tuesday after the markets closed that its fourth quarter profit fell 6% from last year, as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. This organic and natural products company has experienced strong compounded annual growth over the last four fiscal years with its net sales growing 25% and adjusted income from continuing operations over 30%.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.