General Motors is hit by chip shortages and will reduce production by 10,000 vehicles at four factories next week

Recently, the global automotive industry has been affected by the chip shortage, and the American auto giant General Motors has also become a "victim". On February 3rd local time, GM announced that it would suspend or reduce automobile manufacturing operations at four of its factories. GM announced that in the week starting February 8, the Faiefax plant in Kansas, the United States, the San Luis Potosi plant in Mexico, and the Ingersoll plant in Ontario, Canada will completely stop production, and the Bupyeong No. 2 plant in South Korea will reduce its production capacity by half.

GM did not disclose how many car sales were affected by the suspension, nor did it mention which chip supplier caused the chip shortage. However, AutoForecast Solutions, a third-party agency that monitors the production of the automotive industry, predicts that GM will reduce the production capacity of 10,000 vehicles next week.

GM stressed that it will continue to maintain production of high-profit models, including full-size pickup trucks, SUVs and the Chevrolet Corvette sports car.

GM spokesman David Barnas said in a statement: "Although GM has taken a series of measures, it cannot prevent the impact of chip shortages on the company's production." "However, our supply chain department is working closely with suppliers to find ways to solve chip needs."

It is reported that GM models affected by production suspension and production reduction next week include Chevrolet Malibu, Cadillac XT3 SUV, Chevy Equinox, Trax, GMC Terrain SUV, Buick Encore, etc.

Previously, the chip shortage has hit the global automotive industry, with Volkswagen, Ford, Subaru, Toyota, Stellantis, Nissan and others all implementing production cuts. Sources revealed that Japan's Mazda is also considering reducing global production by 34,000 vehicles in February and March.

Technology market research firm IHS Markit predicted on Wednesday that this round of chip shortage is expected to result in a global automotive industry production reduction of 672,000 vehicles in the first quarter, and the chip shortage will continue into the third quarter.

It was reported that on Tuesday, 15 U.S. senators urged the White House and Congress to work together to resolve the chip shortage.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.