GM more than halfway through shipping pickup trucks parked due to lack of chips-exec By Reuters

© Reuters.

By Ben Klayman

DETROIT (Reuters) – Common Motors Co (NYSE:) is greater than midway by transport newly meeting pickups that it had then parked on account of a scarcity of semiconductor chips that prevented the No. 1 U.S. automaker from transport the vehicles, a high govt mentioned on Friday.

“We have made nice progress,” Steve Cralisle, GM’s North American chief govt mentioned on the Reuters Occasions Automotive Summit. “We’re a bit higher than midway by that for the time being and our aim can be to filter out our ’21 mannequin years by the top of the 12 months. We’ll have a little bit of a tail of ’22 mannequin years into the brand new 12 months however not for too lengthy.”

The worldwide chip scarcity has pressured automakers like GM to idle manufacturing or in some instances largely construct automobiles after which park them till the required chips may be put in, permitting these automobiles to be then shipped to sellers.

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