The problem of “chip shortage” of global car companies is getting worse and worse, affecting many car companies in Europe and the United States. On the 8th local time, General Motors said again that in North America, many of its factories were included in the shutdown list.
GM said that due to the continuous shortage of semiconductor chips, the company will suspend or extend the shutdown period of several factories in North America. Three of these factories in Tennessee, Michigan and Mexico will be temporarily closed for one to two weeks.
The shutdown period of factories in Kansas, USA and Ontario, Canada, will be extended to May 10, both of which closed in February. GM previously said that the shutdown would reduce the company’s operating profit by up to $2 billion this year, or about 13 billion yuan.
Affected by the expansion of the shutdown, GM’s share price fell by more than 3% on the 8th and fell 1.22% at $60.09 per share at the end of the day.
Also on the 8th, White House Press Secretary Pusaki said that the director of the White House National Economic Committee and the White House National Security Adviser will lead meetings with executives of several companies next week to discuss the long-standing shortage of car chips.
According to reports, the global automobile industry has been plagued by insufficient chip supply since the end of last year. Volkswagen, Toyota, Honda, Nissan, Ford and General Motors have announced plans to stop or reduce production.
Essen Huamai, a market research institute in the United Kingdom, once predicted that in the first quarter of this year, 1 million cars worldwide would be delayed due to “lack of core”. Global auto industry sales will be reduced by $60 billion in the whole year.
