GM to cut North American production due to chip shortage
By Kathi on Sep 02, 2021 | 05:32 AM IST
General Motors
Co will reduce production at most North American assembly plants this month
because of the ongoing semiconductor chip shortage, hitting its profitable
truck and sport utility vehicles, it said on Thursday.
The largest U.S. automaker will halt production next week
at its Fort Wayne plant in Indiana and its Silao plant in Mexico, both of which
build 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 Motor Co said it will also cut
truck production next week because of the chips shortage, while Toyota Motor
Corp said last month it will slash global production for September by 40% from
its previous plan.
GM will halt production at its Wentzville, Missouri plant
for two weeks starting Sept. 6 that builds midsize trucks and full-size vans.
GM will also halt production at the CAMI Assembly in Canada and San Luis Potosi
Assembly in Mexico for two additional weeks. The company builds its Equinox SUV
at both plants.
The automaker is also idling production for two additional
weeks at its Lansing Delta Township plant that builds the Chevrolet Traverse
and the Buick Enclave.
GM's Spring Hill Tennessee plant will cut two weeks of
production in September that builds the GMC Acadia, Cadillac XT5 and Cadillac
XT6, while its Ramos, Mexico plant will take two additional weeks of downtime
for Blazer production, while Equinox production will be down thru the week of
Sept. 27.
Production of the Equinox has been down since Aug. 16.
GM said during production downtime it will repair and ship
unfinished vehicles from many impacted plants, including Fort Wayne and Silao.