Group 1 - The National Highway Traffic Safety Administration (NHTSA) has initiated a probe into nearly 600,000 General Motors Co. vehicles due to reports of engine failures [1] - The investigation focuses on the L87 6.2L V8 engines, affecting models such as the 2021-2024 Cadillac Escalade, Chevrolet Silverado, Suburban, Tahoe, GMC Sierra 1500, Yukon, and Yukon XL [2] - The NHTSA's Office of Defects Investigation (ODI) received 36 Vehicle Owner Questionnaires alleging engine damage or failure following a recall last year [3] Group 2 - General Motors has relocated to a new headquarters in Detroit, which is significantly smaller in square footage compared to the previous headquarters, the "Renaissance Center" [4] - CEO Mary Barra has reaffirmed GM's commitment to electric vehicles (EVs), describing them as the company's "North Star," despite recent layoffs of over 3,400 workers across multiple EV production facilities [5] - GM's stock price increased by 0.02% to $80.84 during after-hours trading on January 16 [6]
NHTSA Probes Nearly 600,000 GM Vehicles Over Engine Failure Complaints - General Motors (NYSE:GM)