GM Says Seeing Better Flow Of Semiconductors

GM-Motors-1024x768.jpg

General Motors Co is seeing a better flow of semiconductors, and most of its assembly plants in North America are now back to running regular production, including Mexico, a GM spokesperson told Reuters in emailed comments.

“In fact, the week of November 1 represented the first time since February that none of our North American assembly plants were idled due to the chip shortage,” the spokesperson said.

GM’s third-quarter earnings were hit by a global semiconductor shortage and rising commodity prices, factors it has said it expects to continue until late 2022.


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X