General Motors has issued three more recalls, including the 2015 Chevrolet Tahoe and the Chevrolet Silverado from model years 2014-2015. Here is a breakdown of GM's most recent recalls.
General Motors announced four more recalls last week, affecting about 89,000 GM vehicles. Here is a breakdown of which GM vehicle models are affected, and how many were recalled.
Chevy and GMC pickup truck recall includes certain 2014 Chevrolet Silverado 1500 and GMC Sierra 1500 models with a fire risk associated with their cylinder-deactivation systems. 370,000 full-size trucks are affected by the Chevy and GMC recall.
Car sales rise for all the major automakers, with Honda leading the way. Truck sales continue strong, which could lead to a 16 million unit sales for 2013.
Economic recovery is pressuring automakers to boost car sales and grab market share. They're likely to offer cash discounts, low-interest financing, and other auto deals this summer.
With the Dow Jones Industrial Average hitting the 15000 milestone and economic signals flashing continued growth, the case for bull market optimists looks stronger. But there are reasons to be cautious about a retrenchment of the Dow.
General Motors stake owned by the US treasury will be sold over the coming year, assuring a multibillion-dollar loss for the federal government. General Motors will buy back $5.5 billion in shares, and the Treasury will have to sell the rest of the stock at a high price in order to break even on the $50 billion bailout GM received.
2014 GMC Sierra 1500 and Chevrolet Sliverado 1500 are unveiled in Michigan. New 2014 versions of GMC Sierra and Chevrolet Silverado sport tall detailed grilles, twin power-dome hoods, and a more sophisticated interior.