GM Extends Production Halt For Chevrolet Bolt EV: Report

by Shivani Kumaresan, Benzinga Staff Writer

December 20, 2021 11:13 AM | 1 min read |

General Motors Co GM is extending production halt for Chevrolet Bolt electric vehicle, Reuters reports.
The production halt at its Orion Assembly plant in Michigan will last through February-end.
The report added that the company has also halted retail sales of new Bolt vehicles indefinitely.
General Motors in August widened its recall of the Bolt to more than 140,000 vehicles to replace battery modules after a series of fires.
The National Highway Traffic Safety Administration has an ongoing investigation into the battery fires.
Price Action: GM shares are trading lower by 3.06% at $53.47 on the last check Monday.

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