US car giant GM again halts production

US car giant GM again halts production This month, General Motors will reduce production at most North American assembly plants because of the ongoing semiconductor chip shortage, hitting its profitable trucks and sport utility vehicles, Report informs, citing the foreign press.
Industry
September 3, 2021 13:06
US car giant GM again halts production

This month, General Motors will reduce production at most North American assembly plants because of the ongoing semiconductor chip shortage, hitting its profitable trucks and sport utility vehicles, Report informs, citing the foreign press.

The largest U.S. automaker will halt production next week at its Fort Wayne plant in Indiana and its Silao plant in Mexico, building pickup trucks. In total, GM is cutting production at eight North American assembly plants in September.

The industry-wide chip shortage is causing massive auto production cuts around the globe.

Earlier this week, Ford said it would also cut truck production next week because of the chip shortage, while Toyota said last month it would slash global production for September by 40 percent from its previous plan.

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