GM CEO Mary Barra: Chip shortage won't disrupt truck production
GM could take up to a $2 billion hit to pretax profits this year due to a chip shortfall, but will protect production of profitable pickups and SUVs.
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GM could take up to a $2 billion hit to pretax profits this year due to a chip shortfall, but will protect production of profitable pickups and SUVs.
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Sponsored Links General Motors is currently in the midst of a large-scale transition from internal combustion engine vehicles to battery-electric vehicles. The automaker sees this change as a necessary transition as consumer’s tastes evolve, but it also sees a shift to EVs as a moral imperative. In a recent blog post shared on LinkedIn, GM CEO Mary Barra doubled down on the automaker’s commitment to EVs, saying the company has the capability and responsibility to help put every vehicle owner behind the wheel of a battery-powered car, truck, crossover or SUV. “As an engineer, I’ve alw...