There's something missing from this narrative that GM is not disclosing. It's very rare for a manufacturer to pause sales of a product that works well, is well received and in demand. GM has hyped their EV strategy and the Bolt is the one thing that's real and good.

Automakers redesign cars all the time without pausing sales. Automakers work on the new design in parallel, then switch over and call it a new model year.

Maybe a supplier raised prices and GM's gross margin tanked, or maybe they were always losing money on every car made and they need to stop the bleeding.