Wednesday, November 23, 2011

USA - General Motors (NYSE:GM) Recalls Over 5,000 Chevrolet Colorados, GMC Canyons

Uploaded by on Nov 23, 2011
General Motors (NYSE:GM) is recalling 5,220 model year 2012 Chevrolet Colorado and GMC Canyon vehicles because the vehicles may have been produced with driver safety belt buckle electrical connector terminals that do not fit snugly with the connector pins, causing the connection to be intermittent.

The loose connection may cause the driver to not receive a visual or audible warning that the driver seat is not fastened.

General Motors (NYSE:GM) has potential upside of 69.6% based on a current price of $20.21 and an average consensus analyst price target of $34.29.

General Motors is currently below its 50-day moving average (MA) of $22.77 and below its 200-day MA of $28.04.

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