Autos

GM cutting production at several plants due to chip shortage

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Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019.

Harrison McClary | Reuters

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…



Source cnbc.com

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