Shanghai GM recalls 2,000 imported Captivas -gov’t

SHANGHAI, March 13 (BestGrowthStock) – Shanghai GM, a venture
between General Motors Corp [GM.UL] and China’s SAIC Motor Corp
(600104.SS: ), is recalling 2,065 Chevrolet Captivas imported
from South Korea, China’s quality supervision agency said.

The sports utility vehicles, made by GM Daewoo Automotive
and Technology before the end of 2007, risked steering
malfunctions, the General Administration of Quality
Supervision, Inspection and Quarantine (AQSIC) said in a
statement on its website.

Shanghai GM is contacting the owners of the Captivas to
repair the vehicles, although the company has not yet received
any customer complaints about defects, the agency said.

A string of recalls worldwide by top auto maker Toyota
Motor Corp (7203.T: ) covering more than 8.5 million vehicles has
put the spotlight on quality issues in the industry.

Toyota’s China woes have been relatively limited so far,
with the company recalling close to 76,000 RAV4 vehicles there
due to faulty accelerators. [ID:nTFA006576]

Shanghai GM sold 58,182 cars in February, up 66 percent
from a year earlier, as government incentives continued to
stimulate auto sales in China, now the world’s biggest auto

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(Reporting by Jason Subler; Editing by Paul Tait)

Shanghai GM recalls 2,000 imported Captivas -gov’t