Service Stability Message Due to Failed Steering Wheel Position Sensor on Chevrolet Silverado 1500

The steering wheel position sensor may fail, resulting in the service stability message being displayed.

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Average mileage: 131,166 (48,500–275,000)
3 model years affected: 2000, 2007, 2012
5 people reported this problem
3 people shared problem details
The service stability track and traction control frequently flashes followed by the check engine light...
I just had this occur with my 2012 Chevy Silverado 1500 LT with less than 50,000 miles. Because I bought the truck as a GM certified vehicle, the dealer covered the repair even though I was just slightly out of the warranty. Good thing, the part alone (Wheel position Sensor) is $200.00. Add to that the diagnostic time as well as the labor to replace it and the repair would have cost between 400 and 500 dollars
getting the "service stabilitrak" message, while driving on the freeway. Took it to the dealer, and they said that it's the steering wheel position sensor. However, about the same time, my power steering seems to go out when i'm trying to park in small spaces...
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ABS light on, scanner shows C0040 (rear wheel speed sensor) and C0055 (steering wheel position...

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