GM Halts Most Chevy Cruze Sales

CRUZEDETROIT – (CNN Money) – General Motors has halted the sale of most of the Chevrolet Cruzes now on dealers’ lots. The Cruze is GM’s best selling U.S. car model.

Spokesman Alan Adler confirmed that GM has ordered a halt to sales of models with the 1.4-liter turbo engine, the most popular version of the compact car. Adler did not give the reason for the halt, and said there hasn’t been a recall issued on cars already sold.

The news comes as GM deals with a damaging recall of 1.6 million small cars worldwide to deal with an ignition switch flaw that has been linked to at least 12 deaths.

Shares of GM (GM, Fortune 500) were still slightly higher in mid-morning trading, though the news sent the stock down from earlier highs.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

2 comments


Related Stories