June 22 (Bloomberg) -- General Motors Co. is recalling 413,418 Chevrolet Cruzes, its best-selling car model in the U.S. last year, two days after GM had its best showing ever in J.D. Power & AssociatesÂ’ new-car quality survey.
GM is recalling the compact cars from model years 2011 and 2012 in the U.S. because liquids can be trapped near the engine and catch fire, the Detroit-based company said today in an e- mailed statement. The company has received 30 reports of fires, said Alan Adler, a GM spokesman.
“The most important thing for our customers to know is that we are proactively working to assure the Cruze is the safe and durable car they purchased,” Alicia Boler-Davis, GM vice president of global quality, said in the statement. “We are sorry for any inconvenience caused by these actions.”
GM said it doesn’t know of any crashes, injuries or deaths related to the defect. The U.S. National Highway Traffic Safety Administration opened an investigation of 2011 Cruzes in March this year after receiving two reports of “engulfing fires resulting in total vehicle loss.”
The J.D. Power survey released June 20 had three of GMÂ’s four brands, including Chevrolet, ranked above the industry average.
The Cruze was GMÂ’s top-selling car in the U.S. last year with 231,732 deliveries, according to researcher Autodata Corp. Through May this year, GM sold 94,901 Cruzes, making it the second-best selling Chevrolet car after the Malibu, according to Autodata. The Cruze helped spur GMÂ’s 2.7 percent first-quarter U.S. sales increase to an industry-leading 608,320.
GM shares fell 0.2 percent to $20.60 at 4:03 p.m. in New York.
Read more:
http://www.businessinsider.com/bloomberg-M6121M6JTSE801#ixzz1yizfMk3W
