Autonomous Trucks
GM executives wouldn’t give specifics on how much production they expect to lose to the chip shortage. Crosstown rival Ford Motor Co. said the worsening chip shortage would cut its production in half during the current quarter. Nearly all automakers are struggling with the chip shortage, caused by semiconductor makers switching their factories to more profitable consumer-electronics processors when auto plants closed due to the coronavirus last year. Then a March fire wiped out much of the chip production at a factory in Japan that makes chips for vehicles. Barra said that after the chip shortage ends, GM will not return to a business model with huge dealer inventories.