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
Apple Inc. said Monday that its fourth quarter profit rose 13% from last year, driven by strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company gave an upbeat revenue forecast for the current quarter, which includes the all important holiday season. Stocks moved notably higher over the course of the trading day on Monday, extending the strong upward move seen last Friday. The gains on the day continued the recent recovery by the markets, with the Nasdaq and the S&P 500 closing higher for the third consecutive session. While Republicans have largely tried to frame the upcoming midterm elections as a referendum on President Barack Obama, Sen. Ted Cruz, R-Tex., has joined the few offering guidance on what the GOP will do if it manages to retake control of the Senate.
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.