General Motors (GM) Recalls 23,656 Corvettes Over Fuel Leak Risk

General Motors Company (NYSE:GM) is one of the best very cheap stocks to buy according to hedge funds. On August 21, the National Highway Traffic Safety Administration (NHTSA) revealed that General Motors is recalling 23,656 Chevrolet Corvette vehicles in the US. The safety recall report cited a fuel leak issue that poses a potential fire risk. The affected vehicles are models from 2023 to 2025, which include the 2026 Convertible and Coupe variants equipped with a left-side radiator and fan assembly.

General Motors’ investigation identified four alleged fires potentially linked to this fuel leak defect. Two of those incidents involved malfunctioning gas station pumps contributing to the fuel spill. To remedy this problem, dealers will install a shield insert to divert spilled fuel away from the surfaces behind the quarter panel. This fix will be provided at no cost to vehicle owners.

A company spokesperson said, “This is a rare occurrence, and malfunctioning filling station pumps appear to be a contributing factor. The safety of our customers is the highest priority for the entire GM team, and we’re working to remedy this matter as quickly as possible.”

General Motors Company (NYSE:GM) is an automotive company. It designs, manufactures, and sells passenger cars, trucks, and electric vehicles under the brands Chevrolet, GMC, Cadillac, and Buick. The company operates globally through its GM North America, GM International, Cruise, and GM Financial segments.

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Disclosure: None. This article is originally published at Insider Monkey.