General Motors halts production of pickup trucks in Indiana due to chip shortage

Trucks roll off the assembly line at the Chevrolet Silverado and GMC Sierra pickup plant in Fort Wayne, Indiana, July 25, 2018.

John Grace | Reuters

Detroit – general motors It will halt production of pickup trucks at a plant in Indiana for two weeks next month due to an ongoing shortage of semiconductor chips that have wreaked havoc on the global auto industry for more than a year.

The supply of chips, which are important parts for new vehicles, was expected to gradually improve for automakers throughout this year, but there are other supply chain problems, including The continuing Russian invasion of Ukraine, Overshadowed by such expectations.

GM President Mark Royce recently told CNBC that chip supply is “improving a little bit” but the crisis is far from over. “We didn’t make it,” he said last week. “We are doing our best.”

General Motors in Fort Wayne, Indiana, announced Friday that the General Motors plant in Fort Wayne, Indiana, will be closed for the weeks of April 4 and April 11. The plant produces full-size Chevrolet Silverado and GMC Sierra pickup trucks.

Automakers have been prioritizing chips whenever possible for their most demanded and most profitable vehicles. For Detroit automakers, these are pickup trucks and big SUVs.

“Overall, we saw better consistency in semiconductor supply during the first quarter than last year as a whole. This translated into an improvement in our production and deliveries during the first three months of the year,” GM said in a statement Friday. “However, uncertainty and unpredictability remain in the semiconductor supply base, and we are actively working with our suppliers to mitigate potential issues in the future.”

See also  Stock futures flat after 400-point rise in Dow Jones

General Motors also produces Silverado and Sierra pickups at plants in Mexico and Canada. They produce larger, heavy-duty versions in Flint, Michigan.

Leave a Reply

Your email address will not be published. Required fields are marked *