Speed Control Cable problems of the 2004 Chevrolet Silverado

Last month after driving about 1 hour at highway speeds; my speedometer started dropping. It would show I was going 35 on the freeway. This was clearly not accurate. The needle started jumping then dropped to 0. The next day, it was working fine. The next 2 long distance trips I took, the speedometer did the same thing on the way home; not on the trip down. I took my truck to the dealership and was told that it was some sort of cable to the transmission; that there had been a lot of trouble with the speedometer and that there had been a previous recall but it was too late. Bottom line the charge to repair is 440. 00. I purchased this vehicle new and it currently has 130,000 miles. I never received any type of recall notice, I live in the same place I did when I purchased the truck, absolutely nothing has changed. How is it too late? if the part is defective, it is defective. If I had received a recall notice to have it fixed I certainly would have taken it in. This is a serious safety issue.

The 2004 Chevrolet Silverado 1500 43000 miles and the speedometer stopped working and did not register anything. I looked online for recalls and found none pertaining to this. However, I found 208 similar complaints on topix. Net/forum/autos/Chevrolet-silverado-1500/tr5qab2mn19bl1d2j/p11#lastpost. Obviously this was a danger and Chevrolet should be issuing a recall. All estimates range around 500. 00.