Usually, the industry’s annual gathering in Switzerland is when more manufacturers debut cars arguably than at any other show. But this year, it’s the just announced the need to repair 1.3 million Chevrolet and Pontiac vehicles for from 2005 to 2010 models with potential power steering problems that’s got the attention of the industry at large.
The recall covers the 2005-2010 model year Chevrolet Cobalt and 2007-2010 Pontiac G5 in the United States; 2005-2006 Pontiac Pursuit sold in Canada, and the 2005-2006 Pontiac G4 sold in Mexico, GM said in a statement.
The bad news news from GM occurred only a few hours before the automaker’s announcement of a 12 percent increase in February sales.
Bloomberg News takes a look at the details of GM’s announcement: