GM Halts Most Chevy Cruze Sales
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.