GM in the next month plans to restart 4 plants after chip shutdown
The return of production comes after months of GM and other automakers battling a shortage that's expected to cost the industry $110 billion globally.
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The return of production comes after months of GM and other automakers battling a shortage that's expected to cost the industry $110 billion globally.
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 Chevrolet Blazer will resume production on May 31. GM said its "supply chain organization continues t...
This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - ...
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 downtime for five North American plants; Volkswagen’s Mexico unit will stop production for certai...
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