Ford Motor Co and General Motors will every halt manufacturing subsequent week at a Michigan plant resulting from components shortages
View PhotosAn entrance to the Ford Motor Co. Flat Rock Assembly Plant is seen in Flat Rock
Ford Motor Co and General Motors will every halt manufacturing subsequent week at a Michigan plant resulting from components shortages, the 2 firms mentioned individually on Thursday.
No. 2 US automaker Ford mentioned it could droop manufacturing at its Flat Rock Assembly Plant subsequent week, the place it builds the Mustang, because of the international semiconductor scarcity.
GM mentioned that due to a short lived half scarcity it could cancel manufacturing subsequent week at Lansing Grand River meeting, the place it builds the Cadillac CT4, Cadillac CT5 and Chevrolet Camaro. GM mentioned the manufacturing halt was not associated to chips however offered no different specifics.
The auto trade is grappling with a world chip scarcity triggered by the COVID-19 pandemic, forcing firms to chop manufacturing, though excessive automotive costs have partially offset the monetary affect.
Ford warned final month that the chip scarcity would result in a decline in automobile volumes within the present quarter. Last month, Ford halted manufacturing at its Kansas metropolis meeting plant that makes F-150 pickup autos for per week because of the chip scarcity.
Dearborn, Michigan-based Ford mentioned that manufacturing at its different North American vegetation will proceed as regular.
GM final week mentioned it could halt manufacturing for 2 weeks at an meeting plant in Fort Wayne, Indiana, that builds the Chevrolet Silverado 1500 and GMC Sierra 1500 pickup vehicles, starting April 4, over the semiconductor chip scarcity.
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(Reporting by Kannaki Deka in Bengaluru and David Shepardson in Washington; Editing by Vinay Dwivedi and Leslie Adler)
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With inputs from NDTV
