GM says seeing better flow of semiconductors - Reuters

thekflow.blogspot.com

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo

Nov 10 (Reuters) - General Motors Co (GM.N) 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. read more

Reporting by Anthony Esposito

Our Standards: The Thomson Reuters Trust Principles.

Adblock test (Why?)

"flow" - Google News
November 11, 2021 at 01:31AM
https://ift.tt/3ktv3UX

GM says seeing better flow of semiconductors - Reuters
"flow" - Google News
https://ift.tt/2Sw6Z5O
https://ift.tt/2zNW3tO

Bagikan Berita Ini