DETROIT -- General Motors is extending production cuts at three global plants through at least mid-March and building but leaving incomplete vehicles at two other factories due to the global semiconductor chip shortage.
GM on Tuesday did not disclose how much volume it would lose in its latest action or which supplier and vehicle parts were affected by the chip shortage, but said the focus remains on keeping production running at plants building its highest-profit vehicles -- trucks, crossovers and SUVs. GM said it intends to make up as much lost production as possible.
"Semiconductor supply remains an issue that is facing the entire industry. GM’s plan is to leverage every available semiconductor to build and ship our most popular and in-demand products," GM spokesman David Barnas said.
GM said it was extending downtime at plants in Fairfax, Kansas; Ingersoll, Ontario; and San Luis Petosi, Mexico, through mid-March, when it will reassess the situation, …