GM pickup plant shuts down due to Chip crisis

According to the latest report, General Motors announced on Friday that its factory in Fort Wayne, Indiana will be shut down for two weeks starting April 4 due to a continued shortage of semiconductor chips. The plant makes high-margin full-size pickups, the Chevrolet Silverado and GMC Sierra.

Join tip3x on Telegram

Moreover, General Motors President Mark Reuss told the media last week that chip supply was “just a little better” and the crisis was far from over. “We’re not through this, we’re doing our best.”

Recently, AutoForecast Solutions (hereinafter referred to as AFS), a data forecasting company in the automotive industry, released the latest data. As of March 20, due to the shortage of chips, the global auto market has reduced production by about 1.1584 million vehicles this year.

Among them, the cumulative production reduction in the Chinese auto market has increased, reaching 70,900 units, accounting for 6.1% of the cumulative production reduction in the global automotive market. AFS predicts that due to multiple factors, the cumulative reduction in the global auto market this year will climb to 1,884,200 units.

(VIA)