Skip to main content

Market Overview

GM Recalls Nearly 22,000 Cadillac Lyriq Electric SUVs Due To Concerns About Loss Of Braking Ability

Share:
GM Recalls Nearly 22,000 Cadillac Lyriq Electric SUVs Due To Concerns About Loss Of Braking Ability

Detroit-based automaker General Motors (NYSE:GM) is recalling 21,469 electric SUVs manufactured by its Cadillac brand citing concerns about the vehicles losing braking ability.

What Happened: The recall population includes model year 2023-2024 Cadillac Lyriq all-wheel drive vehicles.

The anti-lock braking system may activate unexpectedly in these vehicles and release braking pressure in the vehicle’s service brake system, leading to a loss of braking ability and increasing risks of crash, the National Highway Traffic Safety Administration (NHTSA) said.

The condition is caused by a software defect in the electronic brake control module and the company will fix the issue via a software update, the U.S. auto safety regulator added.

The company is not aware of injuries or fatalities owing to the condition, GM said in a filing with the NHTSA.

Why It Matters: NHTSA had initiated a preliminary evaluation into complaints concerning loss of brake assist in 3,322 Lyriq SUVs as far back as April.

The Lyriq SUV is currently buoying GM’s overall EV sales, following the discontinuation of its Bolt EV production in December.

GM sold  21,930 EVs in the second quarter and the Lyriq accounted for 7,294 of its overall sales. The vehicle starts at nearly $60,000, making it a rather premium EV choice.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read More:

Photo courtesy: GM

 

Related Articles (GM)

View Comments and Join the Discussion!

Posted-In: Cadillac Lyriq electric vehicles EVs mobility recallNews Tech

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com