General Motors Recalling Nearly 820,000 Pickup Trucks In North America Because Tailgates Could Unexpectedly Unlatch
Portfolio Pulse from Benzinga Newsdesk
General Motors is recalling nearly 820,000 pickup trucks in North America due to a defect where tailgates may unexpectedly unlatch, as reported by Reuters citing the automaker.
March 01, 2024 | 5:54 pm
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General Motors is recalling nearly 820,000 pickup trucks in North America because of a defect that could cause tailgates to unexpectedly unlatch.
The recall of such a large number of vehicles due to a safety defect could lead to significant financial implications for General Motors, including the costs associated with the recall and potential damage to the brand's reputation. This could negatively impact investor sentiment and the stock price in the short term.
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