The rear axle bearings have been known to wear grooves in the rear axle shafts, creating a grinding noise and leaky axle seals. An indication that this problem has occurred is axle fluid leaking onto the wheel.
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Newest reported 1990 GMC Suburban 1500 problems
The pitman arm and/or lower ball joints may wear causing loose steering and alignment issues. Replacement of worn components will be necessary before the alignment can be properly set to specification.