G.M. Profit Falls 40 Percent as Costs Rise and Chips Are Lacking
The automaker reaffirmed its forecast for earnings for the full year.
Source: nytimes.com
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The automaker reaffirmed its forecast for earnings for the full year.
The military relies on advanced semiconductors. The U.S. doesn’t make any.
The automaker sold 483,688 vehicles in the United States in the second quarter.
It’s even harder now to understand what the U.S. wants to accomplish with its computer chip plans.
A global shortage of computer chips continues to limit automakers’ production.