GM to recall nearly 80,000 vehicles over transmission issues, NHTSA says
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General Motors (GM) is recalling 77,824 vehicles due to incorrect software in the transmission control module, which may cause unintended vehicle movement, according to the U.S. National Highway Traffic Safety Administration.
November 14, 2024 | 11:15 am
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General Motors is recalling 77,824 vehicles due to a software issue in the transmission control module that may cause unintended vehicle movement.
The recall of nearly 80,000 vehicles due to a software issue in the transmission control module could negatively impact GM's stock in the short term. This recall may lead to increased regulatory scrutiny and potential costs associated with fixing the issue, which could affect investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100