Benzinga | Dec 20, 2021 11:13AM EST

GM Extends Production Halt For Chevrolet Bolt EV: Report

* General Motors Co (NYSE:GM) is extending production halt for Chevrolet Bolt electric vehicle, Reuters reports.

* The production halt at its Orion Assembly plant in Michigan will last through February-end.

* The report added that the company has also halted retail sales of new Bolt vehicles indefinitely.

* General Motors in August widened its recall of the Bolt to more than 140,000 vehicles to replace battery modules after a series of fires.

* The National Highway Traffic Safety Administration has an ongoing investigation into the battery fires.

* Price Action: GM shares are trading lower by 3.06% at $53.47 on the last check Monday.