Hyperdrive
GM to Temporarily Shut Three Plants as Chip Shortage Pinches
- Closure spares big SUVs, trucks but impacts small crossovers
- Top supplier Aptiv’s CEO says industry faces pressure globally
General Motors assembly plant in San Luis Potosi, Mexico.
Photographer: Susana Gonzalez/BloombergThis article is for subscribers only.
General Motors Co. warned that a global semiconductor shortage will reduce production this year as the carmaker plans downtime at three plants, becoming the latest in a string of automotive companies impacted by limited chip availability.
The company said Wednesday that three North American plants, including one in Kansas and others in Mexico and Canada, would shut down the week of Feb. 8. It will also operate a factory in South Korea at half-capacity that week, it said.