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GM reports Q2 increase in new vehicle sales, but inventory still tight

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GM reports Q2 increase in new vehicle sales, but inventory still tight
The second quarter was the best of times and the worst of times for General Motors as the automaker reported a nearly 40% boost in new-vehicle sales but still struggled with tight inventory.
Jul. 3 2021 @ 5:20pm
The 2021 Escalade returned Cadillac to the front ranks of global luxury and stayed true to the brand s heritage of combining power, style and room. (Cadillac/TNS)
The second quarter was the best of times and the worst of times for General Motors as the automaker reported a nearly 40% boost in new-vehicle sales but still struggled with tight inventory. ....

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GM reports Q2 new vehicle sales boost, but inventory tight

GM reports Q2 new vehicle sales boost, but inventory tight
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GM build-shy strategy has hordes of vehicles parked awaiting chips

In late January, retired General Motors employee Joseph Jones bought a 2021 GMC Sierra full-size pickup after having driven his 2004 Sierra for 17 years.
Jones, 68, tracked the production of the new light-duty pickup in cherry red from his home in Franklin, Tennessee. He saw that it was built on Feb. 15 at GM s Silao Assembly Plant in Mexico, so he eagerly awaited its arrival any day.
But as of May 5, Jones pickup remained in Mexico, parked alongside thousands of other GM pickups built shy of the final parts needed to complete them because of a global semiconductor chip shortage.
I am getting more aggravated by the day, Jones said. The customers are stuck in the middle and I would love better communication through General Motors. I know everybody has been in the same situation, Ford, GM, Chrysler, Nissan . everybody has been held hostage by the shortage of this chip.” ....

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GM build-shy strategy has tens of thousands of vehicles parked awaiting chip parts

GM build-shy strategy has tens of thousands of vehicles parked awaiting chip parts
Jamie L. LaReau, Detroit Free Press
© Provided by Source
At Bedrock Quarry in Troy, Missouri. General Motors is storing several hundred Chevrolet Colorado and GMC Canyon midsize pickups and full-size vans while they await parts to complete production at Wentzville Assembly plant in Missouri. Then they will ship to dealerships. The industry is faced with a massive shortage of semiconductor chips used in car parts causing automakers to build and store vehicles in certain instances.
In late January, retired General Motors employee Joseph Jones bought a 2021 GMC Sierra full-size pickup after having driven his 2004 Sierra for 17 years. ....

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Tens of thousands of GM pickups delayed while awaiting chips as shortage continues

Tens of thousands of GM pickups delayed while awaiting chips as shortage continues
Jamie L. LaReau, Detroit Free Press
© Provided by Source
At Bedrock Quarry in Troy, Missouri. General Motors is storing several hundred Chevrolet Colorado and GMC Canyon midsize pickups and full-size vans while they await parts to complete production at Wentzville Assembly plant in Missouri. Then they will ship to dealerships. The industry is faced with a massive shortage of semiconductor chips used in car parts causing automakers to build and store vehicles in certain instances.
In late January, retired General Motors employee Joseph Jones bought a 2021 GMC Sierra full-size pickup after having driven his 2004 Sierra for 17 years. ....

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