Ford, GM cutting more production ahead of White House meeting on chip shortage Autoblog 7 hrs ago Reuters
WASHINGTON General Motors and Ford both said on Thursday they will cut more vehicle production due to a semiconductor chip shortage that has roiled the global automotive industry.
The White House plans a summit on the chip shortage issue Monday that is expected to include GM Chief Executive Mary Barra and Ford Chief Executive Jim Farley and top technology firm executives.
A U.S. auto industry group this week urged the government to help and warned that a global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months.
Semiconductor shortage continues to roil global auto industry, fueling geopolitical tensions
An ongoing shortage of semiconductor chips is continuing to reverberate throughout the global economy, particularly impacting the auto industry and disrupting production at virtually every major automaker in recent months.
General Motors and Ford Motor Company both announced new temporary plant shutdowns on Thursday. GM is halting production at six of its North American factories, including the Spring Hill Assembly plant in Tennessee, the Lansing Delta Township and Lansing Grand River plants in Michigan, and the Ramos Arizpe Assembly plant in Mexico. In addition, previously announced shutdowns at the Fairfax Assembly plant in Kansas and the CAMI Ingersoll plant in Ontario, Canada, will both be extended until at least May 10.
This photo provided by General Motors Co. shows the 2022 GMC Hummer EV. On Tuesday, Oct. 20, 2020, the company s GMC brand introduced the new electric Hummer pickup, with a high-end version due in showrooms sometime in the fall of 2021. (Courtesy of General Motors Co. via AP)
by Chris Isidore, CNN Business April 9, 2021 .
General Motors is temporarily shutting down more auto plants, leading to tight inventories at dealerships and higher prices for customers. The global chip shortage is to blame.
The company announced it would shut production at two US plants in Spring Hill, Tennessee, and Lansing Delta Township, Michigan, in the coming weeks. GM also extended shutdowns at the Fairfax Assembly plant in Kansas City, Kansas, and the CAMI plant in Ingersoll, Ontario, which have both been idled since February 8. And it will continue the shutdown at the Lansing Grand River assembly plant, which has been down since March 15.
Jeff Kowalsky / AFP via Getty Images
General Motors will temporarily shut down two more plants as automakers continue to struggle with major supply chain disruptions, particularly in computer chips.
The company will idle its plant in Spring Hill, Tennessee, for one week and Lansing Delta Township, Michigan, for two weeks. They re the lastest in the long list of North American auto plants going dark because of the ongoing chip shortage, causing temporary layoffs for workers and cutting into the supply of new vehicles.
Stellantis (formerly known as Fiat Chrysler) currently has four plants shut down for several weeks, while Ford has three plants down, with another working at partial capacity. GM has more than half a dozen plants on pause.
In this aerial photo, mid-sized pickup trucks and full-size vans are seen in a parking lot outside a General Motors assembly plant where they are produced Wednesday, March 24, 2021, in Wentzville, Mo. The global shortage of semiconductors is forcing General Motors to further cut production at six North American factories as chip supplies seem to be growing tighter. The shutdowns likely will crimp dealer inventory of vehicles made at the plants, but GM says it has managed to keep factories humming that make hot-selling and profitable full-size pickup trucks and SUVs. (AP Photo/Jeff Roberson) business
Chip shortage forces more production cuts by GM, Ford