Business
GM cutting production at several North American plants due to chip shortage – CNBC
For months, GM has been prioritizing manufacturing its most profitable vehicles, such as full-size pickups, by cutting production of cars and crossovers.
DETROIT General Motors is temporarily idling or extending shutdowns at several plants in North America due to an ongoing semiconductor chip shortage impacting the global automotive industry.
The temporary plant closures range from a week or two to several additional weeks for plants that have already been idled due to the parts disruption.GM also will restart production Monday of midsize pickups after a two-week shutdown due to the shortage at a plant in Missouri.
The cost of the closures have been…
