Rick Dauch isn’t fooling around.
The new CEO at Workhorse Group is halting sales of the company’s long-delayed and production-challenged electric delivery vans because customers want more cargo capacity and a better design.
And Workhorse (NASDAQ: WKHS) is recalling 41 vans already in customer possession because it cannot vouch for their safety. The company said it has not received any customer complaints about safety but it is alerting the Securities and Exchange Commission about the issue.
“The...