{"id":32277,"date":"2014-09-29T06:32:00","date_gmt":"2014-09-29T10:32:00","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=32277"},"modified":"2014-09-29T06:32:00","modified_gmt":"2014-09-29T10:32:00","slug":"general-motors-company-nysegms-recalls-100000-faulty-cadillacs-in-china","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/general-motors-company-nysegms-recalls-100000-faulty-cadillacs-in-china-32277","title":{"rendered":"General Motors Company (NYSE:GM)\u2019s Recalls 100,000 Faulty Cadillacs In China"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 09\/29\/2014 (wallstreetpr) \u2013 <strong>General Motors Company (NYSE:GM) <\/strong>recalled over 100,000 Cadillac SRX SUVs from the company\u2019s biggest market. The automaker made the recall in China because of defective rear suspension module.<\/p>\n<p style=\"text-align: justify;\"><strong>Indicated Defects<\/strong><\/p>\n<p style=\"text-align: justify;\">GM\u2019s Chinese joint venture, Shanghai General Motors Company (NYSE:GM), seeks to recall and repair as many as 107,016 sport utility vehicles that were manufactured within the period from July, 2009 and August, 2014. The complaints in the vehicles highlighted that the vehicles had loss to adjusters, and the problem posed a serious danger. The highlights of the faults with the SUVs were indicated on the company\u2019s website by the General Administration of Quality Supervision, Inspection and Quarantine, or AQSIQ.<\/p>\n<p style=\"text-align: justify;\">According to a Bloomberg <a href=\"http:\/\/www.bloomberg.com\/news\/2014-09-26\/gm-recalls-cadillacs-in-china-over-faulty-suspension-part.html\" target=\"_blank\">article<\/a>, General Motors Company (NYSE:GM) said that the fault can cause the vehicle to wander or sway at high speeds. The problem is also capable of activating the car\u2019s electronic stability-control system and result in severe wear to link-threads. In addition, the rear suspension could make metallic noises of high pitches, especially in areas having potholes or bumps. There is a fear that if the link threads wear out, it may cause a break in the link.<\/p>\n<p style=\"text-align: justify;\"><strong>Previous Incidences<\/strong><\/p>\n<p style=\"text-align: justify;\">The present recall continues from GM\u2019s previous similar incidents that led the company to call back around 300,000 vehicles in the U.S. As part of the move, the automaker had also issued a stop-sale notice for unsold stock. Apart from this, the company has marked over 29 million cars in North America in 2014 which require repairs. In February, the company had organized a major recall of small cars, because of faulty ignition switches. Because of all the events, which also involved fatal accidents and deaths, General Motors Company (NYSE:GM) had to face a justice Department probe.<\/p>\n<p style=\"text-align: justify;\">General Motors Company (NYSE:GM)\u2019s spokeswoman, Dayna Hart, said that the company knew about three accidents and two injuries. She however said that it was unaware of the place where the incidents occurred.<\/p>\n<p style=\"text-align: justify;\">Gm announced that it expects sales of the Cadillac vehicles to surge to 70,000 in 2014 and to 100,000 by 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 09\/29\/2014 (wallstreetpr) \u2013 General Motors Company (NYSE:GM) recalled over 100,000 Cadillac SRX SUVs from the company\u2019s biggest market. The automaker made the recall [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":15032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2018],"tags":[9798,1047,1700,632],"stock_ticker":[],"class_list":["post-32277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-dayna-hart","tag-general-motors-company","tag-general-motors-company-nysegm","tag-nysegm","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>General Motors Company (NYSE:GM)\u2019s Recalls 100,000 Faulty Cadillacs In China  - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/general-motors-company-nysegms-recalls-100000-faulty-cadillacs-in-china-32277\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"General Motors Company (NYSE:GM)\u2019s Recalls 100,000 Faulty Cadillacs In China  - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 09\/29\/2014 (wallstreetpr) \u2013 General Motors Company (NYSE:GM) recalled over 100,000 Cadillac SRX SUVs from the company\u2019s biggest market. 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