General Motors Co.
said Monday it is recalling nearly 1.51 million vehicles worldwide for power-steering problems and now will take a $750 million charge in the first quarter to pay for the growing number of vehicles it is calling back.
GM has now recalled nearly 7 million vehicles worldwide this year as it seeks to more aggressively respond to safety issues. GM’s recall related to the ignition-switch defects now totals 2.59 million cars.
In the new recall, the Detroit automaker says if power steering assist is lost, a driver can maintain control because the vehicle will revert to manual steering. But GM said that would require greater driver effort at low speeds, which could increase the risk of a crash. GM also said a message displays on the Driver Information Center and a chime sounds to inform the driver if power steering is lost.Read Article