GM reduces manufacturing amid chip scarcity, Canadian auto gross sales plunge – Nationwide |

2021-09-03 00:40:47

Common Motors Co will cut back manufacturing at most North American meeting crops this month due to the continuing semiconductor chip scarcity, hitting its worthwhile truck and sport utility autos, it mentioned
on Thursday.

The biggest U.S. automaker will halt manufacturing subsequent week at its Fort Wayne plant in Indiana and its Silao plant in Mexico, each of which construct pickup vans. In complete, GM is reducing manufacturing at eight North American meeting crops in September.

The trade extensive chip scarcity is inflicting huge auto manufacturing cuts across the globe.

Earlier this week, Ford Motor Co mentioned it would additionally lower truck manufacturing subsequent week due to the chips scarcity, whereas Toyota Motor Corp mentioned final month it would slash world manufacturing for September by 40% from its earlier plan.

Learn extra:
Toyota slashing manufacturing by 40% to 60% as a result of COVID-19, provide points

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GM will halt manufacturing at its Wentzville, Missouri plant for 2 weeks beginning Sept. 6 that builds midsize vans and full-size vans. GM may even halt manufacturing on the CAMI Meeting in Canada and San Luis Potosi Meeting in Mexico for 2 extra weeks. The corporate builds its Equinox SUV at each crops.

The automaker can also be idling manufacturing for 2 extra weeks at its Lansing Delta Township plant that builds the Chevrolet Traverse and the Buick Enclave.

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GM’s Spring Hill Tennessee plant will lower two weeks of manufacturing in September that builds the GMC Acadia, Cadillac XT5 and Cadillac XT6, whereas its Ramos, Mexico plant will take two extra weeks of downtime for Blazer manufacturing, whereas Equinox manufacturing can be down through the week of Sept. 27.

Manufacturing of the Equinox has been down since Aug. 16.

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GM mentioned throughout manufacturing downtime it would restore and ship unfinished autos from many impacted crops, together with Fort Wayne and Silao.

Canadian auto gross sales continued to wrestle final month, falling 11.4 per cent from the prior 12 months, pushed by car shortages brought on by semiconductor provide points.

In keeping with estimates compiled by DesRosiers Automotive Consultants, Canadian mild car gross sales totalled 146,925 models in August, in contrast with 165,837 a 12 months earlier.

Gross sales had been additionally down 19.2 per cent from the 182,040 offered in August 2019, earlier than COVID-19.

The seasonally adjusted annual charge of gross sales got here in at 1.62 million, the second lowest month this 12 months, mentioned managing companion Andrew King.

He says car shortages had various impacts from one firm to a different, with some posting elevated gross sales, whereas others noticed dramatic declines after being arduous hit by provide chain shortages.

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Nevertheless, DesRosiers says company-level knowledge is launched quarterly.

The early report card for the trade: “A number of promise, however failing to dwell as much as potential.”

with information from Canadian Press

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