GM Production to Improve in Coming Months
GM will finish and ship 30,000 midsize pickups by early July and increase production of heavy-duty pickups by approximately 1,000 units a month starting in mid-July. General Motors said its 2nd quarter financial results will be “significantly better” than executives previously projected, citing improved supplies of semiconductors and additional workarounds it has found to deal with the shortage.
“The global semiconductor shortage remains complex and very fluid, but the speed, agility and commitment of our team, including our dealers, has helped us find creative ways to satisfy customers,” Phil Kienle, GM’s vice president of North America manufacturing and labor relations, said in a statement. “Customer demand continues to be very strong, and GM’s engineering, supply chain and manufacturing teams have done a remarkable job maximizing production of high-demand and capacity-constrained vehicles.”