- 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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