Share on StockTwits

The ignition switch recalls now engulfing General Motors and Chrysler are raising new questions about the safety of the parts across the American auto industry. GM’s safety crisis deepened dramatically Monday when the automaker added 8.2 million vehicles in North America to its ballooning list of cars recalled over faulty ignition switches. GM has now issued five recalls for 17.1 million cars with defective switches, spanning every model year since 1997. On the same day, Chrysler recalled almost 700,000 vehicles in North America because its ignition switches — like GM’s — can slip from the “run” to the “accessory” position while driving.



“New Recalls And Questions About Auto Parts Safety” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.