GM recalls 512,000 Camaros

The 2014 Chevy Camaro is one the cars included in the latest GM recall NEW YORK (CNNMoney) General Motors announced a new recall of 512,000 Camaros, saying a flaw can switch the popular sports car off while it's being driven.

GM said that the problem is similar but not identical to the flawed ignition switch in 2.6 million Chevrolet Cobalts that has been tied to at least 13 deaths. In that recall, the ignition switch itself was faulty and needed to be replaced. In the case of the Camaro, the design of the ignition key and the attached fob makes it susceptible to being bumped out of the "run" position, similar to what happened with the recalled Cobalts.

But GM said the ignition switch does not need to be replaced in the Camaro. Instead it is issuing a new key and fob which aren't attached to each other.

GM (GM) said the problem with the Camaro has been traced to at least three accidents and four minor injuries, but no deaths or serious injuries.

GM said that it is acting much faster in response to reports of problems than it did with the Cobalts, which the automaker waited 10 years to recall.

"Discovering and acting on this issue quickly is an example of the new norm for product safety at GM," said Jeff Boyer, vice president of GM Global Safety.

GM is under fire over the 10-year delay in the Cobalt recall. It had to pay the maximum $35 million fine to federal safety regulators and faces criminal probes as well as Congressional investigations over that recall. The automaker has also said it will set up a fund to compensate those crash victims.

The Camaro recall covers the models years from 2010 through the current 2014 model. The company said it applies to 465,000 Camaros in the United States, while the rest are in Mexico, Canada or overseas.

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GM also announced three other minor recalls in which there were no accidents or injuries reported, including about 30,000 Saab convertibles due to a problem with the seat belt retractor. Saab, which GM jettisoned as part of its 2009 bankruptcy, is one of the few GM brands that the automaker had not recalled before now.

GM is also recalling 25,000 Chevy Sonics, and 15,000 Buick LaCrosses.

All told, Friday's recall brings GM's recall total for the year to 14.4 million U.S. cars and trucks, and 16.5 million worldwide.