General Motors Co. (NYSE:GM) has initiated a recall for over 271,000 units of the Chevrolet Malibu sedan over a rearview camera display issue, which could pose a safety risk.

GM Recalls 271K Malibu Units

In an acknowledgement letter sent to the National Highway Traffic Safety Administration (NHTSA) on Tuesday, GM announced it would be recalling over 271770 units of the 2023-2025 Malibu sedan. “The rearview camera screen may display a distorted or blank image,” the acknowledgement said. The company said that its dealers would replace the rearview camera units on the affected units free of charge.

GM’s V-8 Investment

The automaker recently bolstered its internal combustion engine (ICE) push as GM invested over $150 million into the Saginaw Metal Castings Operations, which would help create the next-generation V-8 engine blocks and heads that would power GM’s pickup trucks.

Speaking of pickup trucks, U.S.-based automakers, including GM, Ford Motor Co. (NYSE:F) and Stellantis N.V. (NYSE:STLA) have accused the European Union (EU) of blocking sales of the companies’ pickup trucks in the bloc. Advocacy groups in the region maintain that the size of the trucks poses safety concerns to pedestrians and other motorists.

Trump Refuses Aluminum Relief

President Donald Trump reportedly rejected appeals for relief on Aluminum tariffs by Ford and other automakers following a fire incident at a key supplier last September, which has created headwinds in the Aluminum supply chain. The fire had left over 40% of the supplier’s plant in Oswego, New York, offline.

According to Benzinga Edge Rankings, GM scores well on the Momentum and Value metrics and offers a favorable price trend in the Long term.

Price Action: GM surged 2.91% to $75.57 during Pre-Market trading on Wednesday.

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