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Friday, May 10, 2024

GM to Halt Production at Several North American Plants Due to Chip Shortage

GM said Thursday three plants previously unaffected by semiconductor supply problems will be idled or have output reduced for one or two weeks.

General Motors Co. will halt production at several North American factories and extend shutdowns at others because of a chip shortage that has been worsening for U.S. auto giants and poses a threat to a strong sales rebound.

GM said Thursday that three plants previously unaffected by semiconductor supply problems will be idled or have output reduced for one or two weeks, including a factory in Tennessee and another in Michigan that make popular midsize sport-utility vehicles. Models affected include the Chevrolet Traverse SUV and the Cadillac XT5 and XT6 SUVs.

The moves follow news last week that Ford Motor Co. would deepen production cuts in North America,…

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