GM announced four new recalls today, including over 500,000 Chevrolet Camaros, due to faulty ignition switches. According to the The Wall Street Journal: “Chief Executive Mary Barra is set to return to Capitol Hill Wednesday to answer questions on why it took the company so long to recall the vehicles. In response to the delay, the auto maker intensified the review of its recall process. The company has now issued 38 recalls covering 16.5 million vehicles throughout North America." The ignition switch problem is similar to, though said to be different from, the Chevrolet Cobalt problem. Apparently the Camaro switch can be bumped from the run position to another position that would cut power to the airbags and electronic steering.