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GM Hit by Chip Shortage, to Cut Production at Four Plants

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GM Hit by Chip Shortage, to Cut Production at Four Plants

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DETROIT—General Motors Co became the latest automaker hit by the global shortage of semiconductor chips as the U.S. automaker said on Feb. 3 it will take down production next week at four assembly plants. GM said it will cut production entirely during the week of Feb. 8 at plants in Fairfax, Kansas; Ingersoll, Ontario; and San Luis Potosi, Mexico. It will also run its Bupyeong 2 plant in South Korea at half capacity that week. GM did not disclose how much volume it would lose or which supplier was affected by the chip shortage but said the focus has been on keeping production running at plants building the highest-profit vehicles—full-size pickup trucks and SUVs as well as the Chevrolet Corvette sports car. GM said it intends to make up as much lost production as possible. AutoForecast Solutions, which tracks production, estimated GM’s combined lost volume would total almost 10,000 vehicles …

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