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GM restarting some plants hit by chips shortage - Netscape Money & Business

GM restarting some plants hit by chips shortage By David Shepardson Reuters (Reuters) -General Motors Co said Thursday it will be soon be restarting production at five assembly plants around the world that have been idled due to a global semiconductor chips shortage. GM said it is restarting operations at four plants in the United States, Mexico and Canada starting next week. Two plants in Mexico - San Luis Potosi Assembly and Ramos Assembly - that build the Chevrolet Equinox, GMC Terrain and C...
San Luis Potosi San Luis PotosĂ­x Kyongsang Namdo South Korea United States David Shepardson

Automotive Industry: Semiconductor Shortage & EV Tax Incentives & other news

Tuesday, May 4, 2021 This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.  Key Developments U.S. new light-vehicle sales in April predict a  In an earnings call last week,  Ford warned of a potential volume loss approaching  1.1 million vehicles for the full year’s planned production due to the ongoing global semiconductor shortage. Due to the semiconductor shortage,  GM announced additional down...
United States Spring Hill Ramos Arizpe Coahuila De Zaragoza San Luis Potosi San Luis PotosĂ­x

Prolonged layoffs at Kansas GM, Ford plants fueled by parts shortage

Quotes delayed at least 15 minutes. Real-time quotes provided by BATS BZX Real-Time Price. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions. This material may not be published, broadcast, rewritten, or redistr...
Spring Hill United States Kansas City David Barnas Daniel Flores Motor Fairfax Assembly Stamping Plant

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General Motors To Restart Spring Hill Production One Week Ahead Of Schedule

AdBlocker Detected! We know, advertisements are annoying and slow down the internet. Unfortunately, this is how we pay the bills and our authors. We would love for you to enjoy our content, weve worked hard on providing it. Please whitelist our site in your adblocker, refresh the page, and enjoy! General Motors To Restart Spring Hill Production One Week Ahead Of Schedule We are currently looking for experienced automotive journalists and editors to join our team.  Make $60k-$80k per year doin...
United States Spring Hill Ramos Arizpe Coahuila De Zaragoza David Barnas Gm Authority

Ford to extend downtime, reduce and cancel production at numerous plants this month

The ongoing global shortage of semiconductors continues to hit the production schedules and bottom lines of automakers, with Ford Motor Co. on Wednesday announcing the extension of down time and new impacts at several of its plants. The Dearborn automaker confirmed to The Detroit News that it will extend down time at plants in Chicago, Michigan and Missouri, reduce production at an Ohio plant, and schedule down time and cancel overtime shifts at a plant in Kentucky in the coming weeks.  Autom...
Flat Rock United States White House District Of Columbia Avon Lake Spring Hill

2:00PM Water Cooler 4/13/2021 | naked capitalism

Michigan dips (and since this is a one-week average, this might be meaningful). Minnesota follows Michigan’s upward trend. Illinois emerging from the pack? MI: “Feds won’t play ‘whack-a-mole’ by sending more vaccines to Michigan” [Detroit Free Press]. “The federal government will not change its COVID-19 vaccine distribution strategy, “playing whack-a-mole,” by sending more doses to Michigan, said Andy Slavitt, White House senior adviser for COVID-19 response, during a Monday m...
New York United States White House District Of Columbia Kern County Deval Patrick

GM able to 'mitigate' some production impact from chip shortage

Detroit — General Motors Co. said Tuesday it will restart production at its Spring Hill, Tennessee, plant a week early and it will not have to cancel Chevrolet Blazer production at a Mexico plant because of the global chip shortage.  The Detroit automaker said last week it would have to halt production at the Spring Hill plant, where the GMC Acadia, Cadillac XT5 and XT6 are built, for two weeks starting April 12, but production will now resume there April 19. Production of the Blazer at...
United States Spring Hill Fort Wayne Gary Duff David Barnas Ford Motor Co

GM shutting down plants amid semiconductor chip shortage

This photo provided by General Motors Co. shows the 2022 GMC Hummer EV. On Tuesday, Oct. 20, 2020, the companys 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 bl...
Spring Hill United States Kansas City Luis Potosi Adam Jonas Morgan Stanley

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