GM to idle eight North American plants amid chip shortage

[Eugene]

Source: BBC

GM to idle eight North American plants amid chip shortage

2 September 2021

General Motors will halt output at most of its North American plants in September as the semi-conductor chip shortage continues to hit carmakers.

Four plants in the US, three in Mexico and one in Canada will shut down for up to two weeks, depending on the site.

Ford and Toyota also cut output this month as chip makers in the US and Asia struggle to meet demand from economies reopening following lockdowns.

The shortage has pushed up car prices, driving people to buy second-hand.

GM, which owns brands such as Chevrolet and Cadillac, said the shutdown will affect some of its most profitable vehicles, including its sport-utility vehicles and full- and midsize pickup trucks.

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Read more: https://www.bbc.com/news/business-58416930

[Eugene]

1. GM, Ford halt some production as chip shortage worsens

Source: Associated Press

GM, Ford halt some production as chip shortage worsens

By TOM KRISHER
September 2, 2021

DETROIT (AP) — The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks.

General Motors announced Thursday that it would pause production at eight North American plants during the next two weeks, including two that make the company’s top-selling Chevrolet Silverado pickup.

Ford will stop making pickups at its Kansas City Assembly Plant for the next two weeks. Shifts will be cut at two more truck plants in Dearborn, Michigan, and Louisville, Kentucky.

The cuts will compound an already short supply of cars, trucks and SUVs on dealer lots nationwide that have pushed prices to record levels. Automakers reported that U.S. dealers had just under a million new vehicles on their lots in August, 72% lower than the 3.58 million in August of 2019.

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Read more: https://apnews.com/article/technology-business-health-coronavirus-pandemic-ed8ff73b019ccf0836f9032f2b02291e