Does GM have the cash for Cruze launch?

October 24, 2008 at 2:46p.m.

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Chevrolet unveiled its new Cruze to the press Wednesday, September 24, 2008 at the Paris Auto Show. Expected to get close to 40 miles-per-gallon, the Cruze hits the European market next March. Production for U.S. sales will begin in 2010.

Questions have surfaced about whether General Motors has the cash to launch the Chevrolet Cruze from Lordstown on schedule.

An industry analyst and a business publication said it appears likely that the new small car will debut in 2011, not the summer of 2010 as planned.

General Motors dismissed reports of a delay for the Cruze.

“The timing is still mid-2010 as we announced,” said Chris Lee, a company spokesman.

Read more in Saturday’s Vindicator and Vindy.com