GM to Cut Production at Four Plants
General Motors became the latest automaker hit by the global shortage of semiconductor chips as the U.S. automaker said on Wednesday it will take down production next week at four assembly plants. They join the ranks along with VW, Ford, Subaru, Toyota, Nissan, Mazda, and Stellantis.
GM said it will take down production entirely during the week of Feb. 8th at plants in Fairfax, Kan.; Ingersoll, Ont., in Canada; and San Luis Potosi, Mexico. It will also run its Bupyeong 2 plant in South Korea at half capacity that week.
GM did not disclose how much volume it would lose or which supplier was affected by the chip shortage, but said the focus has been on keeping production running at plants building the highest-profit vehicles – full-size pickup trucks and SUVs. Affected vehicles include the Chevrolet Malibu sedan, Cadillac XT4 SUV, Chevy Equinox and Trax, and GMC Terrain SUVs and the Buick Encore small crossover vehicle.