North America: Semiconductor supply shortage: GM suspends production at 3 factories
-Production suspended in Canada, US and Mexico-
New York
February 09, 2021
Shortage of semiconductor supply:
The global shortage of semiconductor chips has had a major impact on the automobile industry.
IHS Markit:
On February 2, due to a shortage of semiconductor chips, global passenger car and light truck production disappeared by 672,000 units in the first quarter of 2021.
Among them, “In North America including the United States, Canada and Mexico, 100,000 units will be lost.”
Limited semiconductor supply:
The problem this time is
OEM demand for semiconductors is increasing
Due to the limited supply of semiconductors,
It will not be resolved until the supply and demand of both parties match.
The recovery in supply is expected to be as early as the third quarter of 2021 (July-September).
Autoforcast Solutions:
A total of 564,000 units have already been lost worldwide due to a shortage of semiconductor chips.
Production loss is projected to reach 964,000 units in 2021 (Reuters Feb 3)
Ford:
In the week of February 8, the production system at the truck plant in Dearborn, Michigan, which produces the F-150, was changed from 3 shifts to 1 shift.
The Kansas City plant in Missouri also changed from 3 shifts to 2 shifts (Automotive News Feb 4)
General Motors (GM):
The week of February 8th
Fairfax, Kansas,
Ingersoll, Ontario, Canada,
San Luis Potosí factory in Mexico,
Completely stop production at 3 plants (Reuters Feb 3)
Stellantis (formerly FCA):
It has also been reported that production will be suspended for three weeks at the Ontario plant in Canada and that it will affect Japanese manufacturers (Reuters Febr 4).
-JETRO
https://www.jetro.go.jp/biznews/2021/02/5d0be2bee65c5961.html
GM extends production suspension at three North American plants until mid-March
Due to lack of semiconductors
[Detroit 9th Reuters]
US automobile giant GM
On the 9th, due to a global shortage of semiconductors, it announced that it would extend the suspension of production at its three North American plants until mid-March.
GM
Fairfax, Kansas, USA,
Ingersoll, Ontario, Canada,
At three factories in San Luis Potosí, Mexico
Production was suspended from the 8th.
Scale of production cuts
The types of parts affected were not disclosed.
Other factories continue to produce
Pickup trucks, SUVs, etc.
Prioritize the production of highly profitable models.
Make up for the reduced production as much as possible.
Following the announcement, the stock price fell by about 1%.
Reuters
https://jp.reuters.com/article/gm-semiconductors-idJPKBN2A935O