09/02/2021

GM to Cut North American Production, Citing Chip Shortage

The shortage is causing massive auto production cuts globally

General Motors Co. will reduce production at most North American assembly plants this month because of the ongoing semiconductor chip shortage, hitting its profitable truck and sport utility vehicles, it said on Thursday.

he largest U.S. automaker will halt production next week at its Fort Wayne plant in Indiana and its Silao plant in Mexico, both of which build pickup trucks. In total, GM is cutting production at eight North American assembly plants in September.

The industry wide chip shortage is causing massive auto production cuts around the globe.

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