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Non-Tech : GM - General Motors

GM 69.09

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From: Sr K	4/8/2021 11:25:17 PM
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GM to Halt Production at Several North American Plants Due to Chip Shortage Affected vehicles include Chevrolet Traverse, Cadillac SUV models XT5 and XT6 GM is idling or reducing output at plants including its Spring Hill, Tenn., assembly line, seen in 2019.PHOTO: HARRISON MCCLARY/REUTERS By Mike Colias Updated April 8, 2021 5:08 pm ET 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, including idling for two weeks a factory near its headquarters in Dearborn, Mich., that makes the F-150 pickup truck, its biggest moneymaker. Skip

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