GM money concerns delays Cruze and Malibu

Filed under: Autos | By: Peter Chubb
Posted on: October 27, 2008 | No Comments

GM money concerns delays Cruze and Malibu

Every time we write an article about a piece of auto news, it seems to always be bad news. Well this post is no different, as it looks as though GM is to delays the launch of the Cruze and Malibu because of money worries.

General Motors are currently going through a massive $1 billion every month, so they are now trying to tighten their belts, and delaying the launch of these two vehicles is just the start. GM has already laid-off a number of workers.

The Cruze has now been delayed by a year and the Malibu has been delayed until 2013. It seems that a number of automakers are having to delay a number of their models, this is hoped to save them all money, but it could also have the oppose effect.

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