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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
General Motors

GM slams the brakes on Corvette sales

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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September 12, 2014, 12:47 PM ET
US-DETROIT-AUTO-SHOW-CORVETTE
Side detail of the redesigned 2014 Chevrolet Corvette, introduced the night before press previews start at the 2013 North American International Auto Show in Detroit, Michigan, January 13, 2013. AFP PHOTO/Stan HONDA (Photo credit should read STAN HONDA/AFP/Getty Images)Photo by Stan Honda AFP—Getty Images
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Though it isn’t a full-scale recall, General Motors is already having trouble with a car from its new model year.

The Detroit car manufacturer has just issued two stop-sale orders for some 2015 Corvettes.

“General Motors has told Chevrolet dealers to stop delivery of approximately 2,000 2015 Corvettes to fix the driver’s airbag. GM has also temporarily stopped shipment of the cars from the plant in Bowling Green, Ky,” the automaker said in a statement.

“Separately, another 800 Corvettes — most of them at dealerships — are on hold because they may have been built with only one of the rear parking brake cables fully seated and engaged.”

In an e-mail to Fortune, GM (GM) spokesman Alan Adler said that fewer than 100 of the cars with brake cable issues are in customer possession, and that GM is unaware of any Corvettes with airbag issues that have been taken home by drivers. He also said that a recall has not been publicly announced, and that if there were a recall, customers would be notified by letter.

The Corvette is a hot-selling car for GM. The automaker sold 2,679 Corvettes in August, a jump of more than 300% from the same month last year.

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