Microchip Shortage Cuts Into GM’s Production of Pickups
The microchip shortage continues to rock the industry. Not a day goes by without some report surfacing of model shortages and production delays, and taken together they paint a disconcerting picture of the situation that manufacturers and all the players in the industry are going through.
Just days ago, we reported on the situation at Ford and Chevrolet where, as of May 1, production was down by 370,000 units (compared to planned) so far in 2021.
Ford is considering sending incomplete pickup trucks to dealerships where the chips will be installed later. At BMW, 30,000 fewer units are being produced than planned in 2021. Everywhere, the crisis is hitting in different ways.
Yesterday, we learned that General Motors (GM) was going to reduce production of some pickups in North America because of the global shortage of semiconductors.
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