GM finishing, shipping more pickups that had lacked chips

DETROIT — General Motors is more than halfway through shipping newly-assembled pickups that it had parked due to a shortage of semiconductor chips, a top GM executive said on Friday.

“We’ve made great progress,” Steve Carlisle, GM’s North American chief executive said at the Reuters Events Automotive Summit. “We’re a bit better than halfway through that at the moment and our goal would be to clear out our ’21 model years by the end of the year. We’ll have a bit of a tail of ’22 model years into the new year but not for too long.”

A GM spokesman said the trucks have been completed with chips installed.

“These are units we built without certain modules and held until the semiconductors became available,” spokesman Dave Barnas said in an e-mail to Automotive News. “We then ran them through the assembly plant for completion and shipped the finished vehicles to dealers.”
He added: “We are not shipping unfinished vehicles to dealerships and having them install the chips.”

The global chip shortage has forced automakers like GM to idle production or in some cases mostly build vehicles and then park them until the necessary chips can be installed, allowing those vehicles to be then shipped to dealers.

Last month, GM CFO Paul Jacobson cautioned that GM’s third-quarter wholesale deliveries could be down by 200,000 vehicles because of chip shortages. He did not break out what share of that was trucks.

Most Related Links :
newsbinding Governmental News Finance News

Source link

Back to top button