Does the latest GM recall affect you?


General Motors

announced very early this morning that it is recalling 1.3 million compact cars in North America due to a power steering problem linked to 14 crashes and one injury.

What is affected: the 2005-2010 model year Chevrolet Cobalt and 2007-2010 Pontiac G5 in the United States; 2005-2006 Pontiac Pursuit sold in Canada, and the 2005-2006 Pontiac G4 sold in Mexico.

The U.S. National Highway Traffic Safety Administration opened an investigation on Jan. 27 into about 905,000 Cobalt models after logging more than 1,100 complaints of power steering failures. GM said in a statement those vehicles can be still be "safely controlled" but may require greater steering effort under 15 mph. Drivers will see a warning light and hear a chime if the power steering fails.

GM says it is trying to fix the problem and will notify customers when it has a plan of action.

Speaking of recalls, Toyota global quality control chief Shinichi Sasaki and North American President Yoshimi Inaba are expected to appear before a Senate committee today for a third hearing on how Toyota handled consumer complaints.

Yesterday, news came that Toyota is expected to offer incentives to attempt to lure customers back to buying their cars following a massive recall following at least 34 deaths due to sudden acceleration. The incentives are said to include zero-percent financing for five years, cash rebates of $500 to $3000 and two years free maintenence.