Published 2 years ago

95K GM vehicles left unfinished in storage due to chip shortage

Summary by Ground News

The unsold vehicles amounted to 16% of GM's total sales from April through June. The company said Friday that it sold more than 582,000 vehicles during the quarter. GM reaffirmed its full-year net income guidance of $9.6 billion to $11.2 billion. The chip shortage has vexed automakers across the globe since 2020.

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Times of India

Chip shortage leaves 95,000 GM vehicles incomplete in storage

The company reaffirmed its full-year net income guidance of $9.6 billion to $11.2 billion with pretax earnings of $13 billion to $15 billion. For the first time the company predicted that it would make $2.3 billion to $2.6 billion before taxes in the second quarter.

2 years ago·India

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CBC News

95,000 GM vehicles unfinished in storage due to chip shortage

The global shortage of computer chips and other parts has forced General Motors (GMC) to build 95,000 vehicles without certain components during the second quarter.

2 years ago·Canada

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Associated Press News

Chip shortage leaves 95K GM vehicles unfinished in storage

The global shortage of computer chips forced General Motors to build 95,000 vehicles without certain components during the second quarter. The Detroit automaker said in a regulatory filing Friday that

2 years ago·United States

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abc News

Chip shortage leaves 95K GM vehicles unfinished in storage

The global shortage of computer chips forced General Motors to build 95,000 vehicles without certain components during the second quarter

2 years ago·United States

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CBS Local

Chip Shortage Leaves 95K GM Vehicles Unfinished In Storage

DETROIT (AP) — The global shortage of computer chips and other parts forced General Motors to build 95,000 vehicles without certain components during the second quarter.The Detroit automaker said in a regulatory filing Friday that most of the incomplete vehicles were built in June, and that it expects most of them to be finished and sold to dealers before the end of the year.The unsold vehicles amounted to 16% of GM’s total sales from April thro…

2 years ago·United States

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Washington Times

Chip shortage leaves 95K GM vehicles unfinished in storage

The global shortage of computer chips and other parts forced General Motors to build 95,000 vehicles without certain components during the second quarter.

2 years ago·United States

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