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Wednesday, December 29, 2010

General Motors (NYSE:GM) May Be Forced to Recall Saturn Ion

Not long after General Motors (NYSE:GM) had had to recall about 1.3 million 2005-10 Chevrolet Cobalt and 2007-10 Pontiac G5 vehicles concerning shoddy power-steering systems, they let the National Highway Traffic Safety Administration (NHTSA) know that complaints were growing concerning the power-steering in its Saturn Ion.

The agency says there have been three injuries coming from eleven crashes over the failure of the power-steering in Saturn Ions.

At the time it appeared the problem wasn't that severe, and the Ion was excluded from the recall. Now that the number of complaints have risen to 638 and warranty claims surged to 1,444, the NHTSA is thinking about forcing General Motors to recall the Saturn Ion as well.

The Ions in question were built from 2004-2007, numbering about 384,000 overall.

General Motors claims there's no need for a recall and the failure of power-steering in the car shouldn't stop the car from being able to be controlled if it fails.

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