“These most recent scheduling adjustments are being driven by temporary parts shortages caused by semiconductor supply constraints from international markets experiencing Covid-19-related restrictions,” stated GM. “We expect it to be a near-term issue.”
It may also cut back the Flint, Michigan, meeting plant to 1 shift somewhat than its regular three shifts throughout that very same week. It may also halt manufacturing at its Silao Assembly plant in Mexico. Flint builds the heavy-duty variations of the Silverado and Sierra pickups, whereas Silao builds the Silverado 1500 Cheyenne for the Mexican market as properly as the Sierra 1500.
Automakers will likely be compelled to chop manufacturing by 3.9 million automobiles worldwide in 2021, costing them $110 billion in misplaced income this 12 months, in response to a chip scarcity evaluation by guide AlixPartners.