A parts shortage has caused Chevrolet to temporarily suspend production of the wildly popular Cruze compact. The car has quickly become a massive success in the compact segment. Popular compact from Chevy According to the Wall Street Journal, Chevy managed to sell 215,057 Cruzes from Jan. 1 to Nov. 30, an impressive feat in the Read on! →
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The North American automotive industry is experiencing a turnaround, and General Motors is no exception. Reuters reports that GM recorded $2 billion in profits for the third-quarter, with an earnings per share increase of $1.20. This turn of success has spurred the recently bankrupt automaker toward an initial public offering of stock by next week. Read on! →