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Ford, GM to halt manufacturing at two Michigan crops in newest provide chain snafus (NYSE:F)

by Index Investing News
April 1, 2022
in Financial
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gopixa/iStock Editorial through Getty Photos

Provide shortages will pressure each Ford (NYSE:F) and Basic Motors (NYSE:GM) to halt manufacturing at some crops subsequent week, the Detroit Information stories.

Ford stated Thursday that the continuing world semiconductor scarcity would pressure it to pause manufacturing for the week beginning April 4 on the Flat Rock Meeting Plant in Michigan, whereas the remainder of the corporate’s North American crops will proceed to run.

The Flat Rock facility began producing the 2022 Ford Mustang in January, however manufacturing has been halted a number of instances this yr due to provide chain constraints.

GM stated manufacturing at its Lansing Grand River plant, the place employees construct the Cadillac CT4, Cadillac CT5 and Chevrolet Camaro, will probably be down subsequent week due to unspecified provide points not associated to the worldwide semiconductor shortfall.

GM beforehand stated the semiconductor scarcity would trigger a manufacturing halt of its Chevrolet Silverado 1500 and GMC Sierra 1500 on the Fort Wayne Meeting plant in Indiana for 2 weeks beginning April 4.



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