Cobalt sales nosedive in October


Sales of the Chevrolet Cobalt plummeted to their lowest level since the early days of the model as consumers nationwide put the brakes on spending.

The 60 percent drop in Cobalt’s October sales comes as rumors circulate within the Lordstown assembly plant that staffing cutbacks are coming. Union leaders tried to squelch the rumors Friday by putting out a flier to members that said no reductions have been approved.

The Cobalt sales slump would be easy to turn around, said Mike Hudock, general manager of Stadium GM Superstore in Salem.

“They could chance this in two weeks with advertising and incentives,” he said.

Read more in Tuesday’s Vindicator and Vindy.com