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GM recalling 250,000 SUVs over door electronics

After a door-fire investigation that dates back to February, the National Highway Traffic Safety Administration has officially announced a recall today that affects around 250,000 General Motors SUVs for a faulty driver's door module. The recall applies to the Buick Rainier, Chevrolet Trailblazer, GMC Envoy, Isuzu Ascender and Saab 9-7X from the 2006 and 2007 model years, as well as the 2006 Chevrolet Trailblazer EXT and GMC Envoy XL for vehicles sold and/or registered in the Snow Belt.
Road salt use in these midwestern and northern states can lead to corrosion of the driver's door module on these GMT360 and GMT370 vehicles, which allows water to come in contact with the circuit board. If shorted out, the vehicle's power door locks and power windows will not work, and could possibly lead to overheating and, in some circumstances, a fire. No official word on how many total vehicles caught on fire, but back in June, 28 fires had been reported to the government agency. A fix for the problem is still being worked out, but all affected vehicle owners will be notified by GM.
Scroll down for the official NHTSA statement.

GMC Hummer EV fan's Lego build is functional and even has Crab Mode

Lego creates some pretty amazing automotive models, but the Lego hobbyist community sometimes does better. Evidence of that comes to us in this fully-functional GMC Hummer EV Lego Technic model spotted by Road & Track and created by YouTube user Alain B. And while it's a one-off for now, there is the possibility it could become a kit you could bring home. As you can see in the video, the model looks the part with a body that closely matches the real thing. It's an impressively solid body, too, something that's sometimes difficult to achieve with Technic pieces. But that's only the tip of the iceberg. It's also got electric motors and is remote controlled. It has four-wheel-steering that can emulate the Hummer's famous Crab Mode setup. The fully independent suspension can raise for more ground clearance. And on top of all of that, it's even got a fully operational MultiPro tailgate and front trunk. The design is also listed on the Lego Ideas page. This is the site where Lego builders can submit their creations, and if they get enough votes, they'll be considered by the company for becoming a real production kit. You can visit the page at this link to lend your support (it doesn't cost anything). That page also reveals some other neat details, including the fact that it's made of about 2,200 pieces. While enough votes will get the design to be considered by Lego, there are other factors that determine whether it makes production. Some of them include getting the license from General Motors, and other undisclosed reasoning. But Lego has done a number of large, technical and somewhat pricey kits with licensing from other companies. So this seems like a great one for the company. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Frustrated GM investors ask what more Mary Barra can do

DETROIT — General Motors Co Chief Executive Mary Barra has transformed the No. 1 U.S. automaker in her almost five years in charge, but that is still not enough to satisfy investors. Ahead of third-quarter results due on Oct. 31, GM shares are trading about 6 percent below the $33 per share price at which they launched in 2010 in a post-bankruptcy initial public offering. The Detroit carmaker's stock is down 22 percent since Barra took over in January 2014. After hitting an all-time high of $46.48 on Oct. 24, 2017, the shares have declined 33 percent. In the same period, the Standard & Poor's 500 index has climbed 7.8 percent. Several shareholders contacted by Reuters said GM could face a third major action by activist shareholders in less than four years if the share price does not improve. "I've been expecting it," said John Levin, chairman of Levin Capital Strategies. "It just seems a tempting morsel to somebody." Levin's firm owns more than seven million GM shares. Barra has guided the company through the settlement of a federal criminal probe of a mishandled safety recall, sold off money-losing European operations, and returned $25 billion to shareholders through dividends and stock buybacks from 2012 through 2017. GM declined to comment for this story, but the company's executives privately express frustration with the market's reluctance to see it as anything more than a manufacturer tied mainly to auto market sales cycles. GM's profitable North American truck and SUV business and its money-making China operations are valued at just $14 billion, excluding the value of GM's stake in its $14.6 billion Cruise automated vehicle business and its cash reserves from its $44 billion market capitalization. The recent slump in the Chinese market, GM's largest, and plateauing U.S. demand are ratcheting up the pressure. GM is one of the few global automakers without a founding family or a government to serve as a bulwark against corporate raiders. In 2015, a group led by investor Harry Wilson pressed GM to launch a $5 billion share buyback, and commit to what is now an $18 billion ceiling on the level of cash the company would hold. In 2017, GM fended off a call by hedge fund manager David Einhorn to split its common stock shares into two classes. Einhorn, whose firm still owned more than 21 million shares at the end of June, declined to comment about GM's stock price. Other investors said there were no clear alternatives to Barra's approach.