GM recalling 1.4 million older models due to fire danger

GM recalls 1.4M cars, again

General Motors said Tuesday it is recalling 1.4 million of its older models due to a fire hazard.

The recalled models are sedans and coups from 1997 to 2004 and about 1.3 million are in the U.S., with the rest coming from Canada, Mexico and exports.

2007 Toyota Camry Hybrid.
Toyota to recall 6.5 mln cars to fix power window switch
Supporters wave signs during an address at the Time Warner Cable Arena in Charlotte, North Carolina, on September 5, 2012 on the second day of the Democratic National Convention (DNC).
United Auto Workers, General Motors reach contract agreement

"Drops of oil may be deposited on the hot exhaust manifold through hard braking, which can cause engine compartment fires," GM said in a statement.

"GM is working on a remedy. The company is aware of post-repair fires in some vehicles but no crashes or fatalities. There have been 19 reported minor injuries over the last six years," the company said.

The company's stock was down more than 1.5 percent in premarket trading.