A Big Setback for the Chevy Cruze?
Since its introduction in 2009,the Chevrolet Cruze has been a strong seller for General Motors -- a surprise of sorts in a segment where GM has traditionally had very weak offerings. But the Cruze wasn't just GM's best-ever compact car when it was launched; it was a surprisingly solid competitor with the likes of Toyota's Corolla and Honda's Civic.
But even great cars age, and there's an all-new Cruze under development. It was expected late next year, but now, Reuters is reporting that the new Cruze has been delayed until late 2015. What's the deal? In this video, Fool.com contributor John Rosevear looks at what are likely the real reasons for the delay, and whether that's a good sign -- or a bad one -- for the progress of GM's ongoing turnaround.
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The article A Big Setback for the Chevy Cruze? originally appeared on Fool.com.Fool contributor John Rosevear owns shares of Ford and General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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