GM Extends Production Cuts Until Mid-March on Chip Shortage
- Three plants to stay closed, output at two more affected
- Automaker trying to shield its higher-margin SUVs, trucks
Cadillac XT4
Photographer: Michael Noble Jr./BloombergThis article is for subscribers only.
General Motors Co. is extending downtime at three North American plants until at least mid-March as a global semiconductor shortage ripples across the auto industry.
GM said Tuesday it will reassess the situation next month to determine possible restart dates for assembly lines in Fairfax, Kansas; Ingersoll, Ontario; and San Luis Potosi, Mexico. The company said on Feb. 3 that all three would shut down for a week due to the microchip shortage.