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No.
2 U.S. automaker Ford said it would suspend production at its
Flat Rock Assembly Plant next week, where it builds the Mustang,
due to the global semiconductor shortage.
GM said that because of a temporary part shortage it would
cancel production next week at Lansing Grand River assembly,
where it builds the Cadillac CT4, Cadillac CT5 and Chevrolet
Camaro. GM said the production halt was not related to chips but
provided no other specifics.
The auto industry is grappling with a global chip shortage
triggered by the COVID-19 pandemic, forcing companies to cut
production, although high car prices have partially offset the
financial impact.
Ford warned last month that the chip shortage would lead to a
decline in vehicle volumes in the current quarter. Last month,
Ford halted production at its Kansas city assembly plant that
makes F-150 pickup vehicles for a week due to the chip shortage.
Dearborn, Michigan-based Ford said that production at its other
North American plants will continue as normal.
GM last week said it would halt production for two weeks at an
assembly plant in Fort Wayne, Indiana, that builds the Chevrolet
Silverado 1500 and GMC Sierra 1500 pickup trucks, beginning
April 4, over the semiconductor chip shortage.
(Reporting by Kannaki Deka in Bengaluru and David Shepardson in
Washington; Editing by Vinay Dwivedi and Leslie Adler)
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