Autos

GM to halt most large pickup truck production due to chip shortage

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Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. 

John Gress | Reuters

DETROIT – General Motors will halt most U.S. and Mexican production of its profitable full-size pickup trucks next week due to the ongoing global shortage of semiconductor chips.

The Detroit automaker confirmed the production cuts Wednesday for plants in Michigan, Indiana and Mexico that produce the Chevrolet Silverado and GMC Sierra pickups.

GM has avoided halting production of its large pickups this year due to the parts shortage through aggressive supply chain tactics as well as building some vehicles without the needed chips to be…



Source cnbc.com

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