The top headlines for FOX Business Flash on March 23 are:
Production of the Chevrolet Corvette Stingray was suspended this week due to supply chain issues.
General Motors Bowling Green (Kentucky) Assembly Plant ()
The production of high-demand sports cars at GM’s bowling green assembly plant has been idle several times since its launch in 2020 due to a shortage of various parts.
GM CEO Mary Barra has unveiled plans for automakers to phase out internal combustion engine vehicles in the “Cramant Countdown.”
GM spokesman Dan Flores told Automotive News that the latest downtime was unrelated to the ongoing semiconductor shortage, but he didn’t identify what the problem was.
Mark Royce, President of General Motors, will drive the redesigned mid-engine C8 Corvette, 2020 Chevrolet Corvette Stingray, on July 18, 2019 in Tustin, Calif., USA.
Other US factories of the automaker have not been affected and Bowling Green will resume operations on Monday, March 28th.
| Ticker | safety | last | Change | change % |
|---|---|---|---|---|
| GM | General Motors Co., Ltd. | 44.56 | +0.95 | + 2.18% |
In addition to the final assembly constraints, Chevrolet has adjusted the options available on the Corvette Stingray several times and currently does not offer a computer-controlled magnetically selective ride control suspension system or rear park assist. ..
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In 2021, Chevrolet sold more than 33,000 Corvette Stingrays, despite limited production. It currently starts at $ 62,145 and is one of the best-selling new cars on the market. The new enhanced Performance Corvette Z06 will be available later this year with magnetically selective ride control as a standard feature.