GM recalls 3 million vehicles

General Motors is issuing five recalls covering almost 3 million vehicles worldwide, says Reuters.

The call back will cost the company nearly $200 million.

The company says there are problems with tail-lights in the the Chevrolet Malibu, Pontiac G6 and Saturn Aura, Reuters reports.

Read: GM says CRA isn’t playing fair

Earlier this year, GM recalled about 2.6 vehicles for faulty ignition switches, which have been connected to 13 deaths. This year alone, the company has recalled more than 13 million cars, exceeding the past five years combined.

Read here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.