GM to fix two potential safety problems
Alan Adler, spokesperson of General Motors Company (NYSE:GM) said the automaker ordered a stop delivery for the 2015 Chevrolet Corvette to fix the possible airbag and parking-brake issue before leaving the dealerships or the factory at Bowling Green, Kentucky.
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Adler said General Motors Company (NYSE:GM) interrupted the delivery of the 2015 Chevrolet Corvette in an “effort to deal with quality issues quickly and completely.” He also emphasized that the automaker hasn’t issued a recall on the vehicles at this point.
The automaker said approximately 2,000 Corvettes have airbag problem and additional 800 vehicles have parking-brake issues. Majority of the Corvettes with potential faulty parking-brakes are already at the dealer lots.
General Motors Company (NYSE:GM) is inspecting a component that connects the airbag to the steering wheel of the vehicle. The company is also checking the parking-brake cable of the vehicle to make sure that everything has been attached properly.
Corvette is one of GM’s best-selling cars
The 2015 Chevrolet Corvette 2015 is one of the best-selling cars of General Motors Company (NYSE:GM). In August, the automaker reported that it sold almost 2,700 units, more than 300% higher that the number it sold in the same period a year earlier. GM’s Corvette sales climbed 235% to 23,483 units this year.
General Motors Company (NYSE:GM) has a supply of Chevrolet Corvette for 42 days at the dealerships, which is a dozen days lessen the typical supply in the auto industry, according to Autodata Corp.
Earlier this month, General Motors Company (NYSE:GM) announced that August sales performance of its unit in India was weaker compared last year. General Motors India sold 4,232 vehicles including 1,305 units of Beat, 1,283 units of Tavera and 688 units of Chevrolet Enjoy. In August last year, General Motors India sold 6,673 vehicles.
“There is some positive movement in the market because of new entries. However, the buoyancy is still missing, and we expect the market to improve only during the festival season,” said P. Balendran, vice president, General Motors India.