GM Customer Suits Over Car Prices Halted Longer Than Expected

July 2 (Bloomberg) -- General Motors Co. said customer lawsuits over falling prices for recalled cars will be halted longer than expected.

All arguments in the cases won’t be heard until Sept. 15, a lawyer for GM said today in a court hearing in Manhattan. A federal judge had stopped 88 economic-loss claims from proceeding until Sept. 1.

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To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Stephen Farr at sfarr@bloomberg.net