GM recalls 69,000 van and truck models from 2013

NEW YORK (MarketWatch) -- General Motors Co. is recalling 69,000 full-sized vans and trucks under its Cadillac, GMC and Chevrolet brands for the model year 2013 because of a possible steering column defect, according to reports on Friday. The auto maker said in a document with the U.S. National Highway Traffic Safety Administration that the vehicles could roll away after being parked because of potential park lock cable fractures. GM said it believes that most of the affected vehicles are either in transit to dealers or still on dealer lots. The auto maker also said it's not aware of any crashes or injuries related to the defect. The recall covers the Cadillac Escalade, Escalade EXT and Escalade ESV models; Chevrolet Express vans, Silverado and Avalanche pickup trucks, and Tahoe and Suburban sport utility vehicles; also GMC Savanna vans, Sierra pickup trucks, and Yukon and Yukon XL models, GM said.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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