May 2023
Microchip Shortage: GM Plants Hit Hardest
General Motors assembly plants in North America have been hit harder by the microchip shortage this year than any others, according to the latest estimate by AutoForecast Solutions. The industry forecasting firm put GM’s Fort Wayne, Ind., plant, which produces Chevrolet Silverado and GMC Sierra pickups, at the top, with an estimated 46,250 vehicles cut from the plant’s schedule since the start of this year.
The 11 GM plants — seven in the U.S., three in Mexico and one in Canada — have cut 327,148 vehicles in total from their production plans in 2023, according to AutoForecast Solutions, which has tracked the disruption of the chip shortage since it began in 2020. That figure accounts for about 58% of all chip-related North American production losses in 2023, and about 29% of the global total.
Last week, AutoForecast Solutions added another 38,471 vehicles to its estimate of microchip-related production cuts worldwide, bringing the year-to-date tally to about 1.11 million units.
Projections for loss by region are as follows:
- North America YTD – 567,711 (2023 Projected – 1,149,405)
- Europe YTD – 230,683 (2023 Projected – 702,380)
- Rest of Asia YTD – 63,516 (2023 Projected – 528,173)
- South America YTD – 8,313 (2023 Projected – 114,700)
- China YTD – 234,881 (2023 Projected – 309,472)
- Middle East/Africa YTD – 6,539 (2023 Projected – 23,123)
- Total YTD – 1,111,643 (2023 Projected – 2,827,253)
