WASHINGTON (AFP) – General Motors shares fell more than one per cent Friday after its latest recall for another problem related to auto ignitions.
Following a year when it recalled some 30 million vehicles worldwide, the top US automaker began 2015 with a new alert for owners of around 92,000 additional trucks and SUVs.
On Thursday, GM said the trucks and SUVs, mainly in the United States but also some in Canada and Mexico, had a faulty ignition lock actuator.
A defective actuator could inadvertently rotate while the vehicle is in motion and turn off power to steering, brakes and airbag function, resulting in the airbags not deploying in an accident.
The specific problem is different to the defective ignition switches blamed for at least 42 crash deaths that led off GM’s massive recalls in 2014.
But a GM spokesman said that even if the new recall issue is different, the potential outcome is similar to that of the faulty ignition switches.
Affected by the recall are Chevrolet Silverados, Avalanches, Tahoes and Suburbans; GMC Sierras and Yukons; and Cadillac Escalades from 2011 and 2012.
Also involved are a number of earlier models repaired with the problem part.
GM said it was unaware of any accidents or injuries related to the newest ignition defect.