GM more than halfway through shipping pickup trucks parked due to lack of chips-exec

Tajammul Pangarkar
Tajammul Pangarkar

Updated · Oct 22, 2021

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October 22, 2021

By Ben Klayman

DETROIT (Reuters) – General Motors Co is more than halfway through shipping newly assembly pickups that it had then parked due to a shortage of semiconductor chips that prevented the No. 1 U.S. automaker from shipping the trucks, a top executive said on Friday.

“We’ve made great progress,” Steve Cralisle, 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.”

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.

(Reporting by Ben Klayman)

Source Link GM more than halfway through shipping pickup trucks parked due to lack of chips-exec

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Tajammul Pangarkar

Tajammul Pangarkar

Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.

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