GM recalls 3.4 million vehicles for similar ignition-switch defect - Detroit Free Press
The scope of General Motors ignition-switch crisis more than doubled Monday as the company recalled for another 3. 4 million vehicles plagued by a similar defect that can result in stalling and disruption of electrical power. GMs second-quarter earnings will be cut by $700 million, up from a previously reported $400 million. 6 million previously recalled small cars, the latest recall involve ignition switches that may inadvertently move out of the run position if the key is carrying extra weight and experiences some jarring event, the company said in a statement. Everytime they announce a recall I hope thats the last one and then a week or two later theres another one, Morningstar analyst David Whiston said. The new recall places additional scrutiny on the quality of GMs older vehicles and extends GMs single-year record for recalled vehicles to more than 20 million. GM spokesman Alan Adler confirmed in an e-mail that ignition switch engineer Ray DeGiorgio who was recently fired after investigators concluded he played a key role in hiding a deadly defect in the other vehicles was the release engineer for the... The latest recall comes as GM CEO Mary Barra prepares to testify Wednesday before a U. S. House subcommittee over an investigation conducted by former federal prosecutor Anton Valukas who will also testify. Source: archive.freep.com
