On May 15, 2014, General Motors announced that it had issued five recalls, affecting approximately 2.7 million vehicles, at a possible cost of as much as $200 million. The announcement came on the heels of the automaker's March 31 recall, in which the company notified the National Highway Traffic Safety Administration (NHTSA) that it would recall over one million cars.
At issue in the March recall was the electric power steering assist, which according to the company's website could stop working. The recall affected the Chevrolet Malibu and the Pontiac G6, as well as service parts installed in vehicles that had been the subjects of a separate 2010 recall. In other words, this is not General Motors' first visit to the recall rodeo, and many other major automobile manufacturers have been there too.
Since 1969, millions of cars have been recalled after being deemed threats to drivers, passengers and pedestrians. What follows is a list of recalls that have made headlines over the last 40-plus years. Included are the insights of Karl Brauer, senior analyst at Kelley Blue Book, whose contributions shed light on the specifics.
Read ahead and see CNBC.com's list of noteworthy car recalls of the past and the present.
By Daniel Bukszpan
Posted 16 May 2014