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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16605137" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3680831-gm-to-cut-overtime-weekend-shifts-at-two-us-truck-plants-over-chip-shortage" target="_blank">GM to cut overtime weekend shifts at two U.S. truck plants over chip shortage</a></p><ul> <li data-xf-list-type="ul">General Motors (NYSE:<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a>) will <a href="https://www.cnbc.com/2021/04/09/gm-cuts-overtime-shifts-at-two-us-truck-plants-due-to-chip-shortage.html" target="_blank">cut overtime production this weekend</a> at two U.S. assembly plants that produce its highly profitable full-size pickups due to the ongoing semiconductor chip shortage, CNBC reports.</li> <li data-xf-list-type="ul">The affected plants in Flint, Mich., and Fort Wayne, Ind., produce a mix of GM's full-size pickups, including Chevrolet Silverado and GMC Sierra 1500 models.</li> <li data-xf-list-type="ul">This is the first time GM has cut production shifts for its full-size pickups due to the ongoing chip shortage, according to the report.</li> <li data-xf-list-type="ul">In an attempt to prioritize chips for the pickups and its full-size SUVs, GM has <a href="https://seekingalpha.com/news/3680352-general-motors-extends-some-production-halts-due-to-chip-shortage" target="_blank">significantly cut production at its car and crossover plants in North America</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16605137, member: 137766"] [URL='https://seekingalpha.com/news/3680831-gm-to-cut-overtime-weekend-shifts-at-two-us-truck-plants-over-chip-shortage']GM to cut overtime weekend shifts at two U.S. truck plants over chip shortage[/URL] [LIST] [*]General Motors (NYSE:[URL='https://seekingalpha.com/symbol/GM']GM[/URL]) will [URL='https://www.cnbc.com/2021/04/09/gm-cuts-overtime-shifts-at-two-us-truck-plants-due-to-chip-shortage.html']cut overtime production this weekend[/URL] at two U.S. assembly plants that produce its highly profitable full-size pickups due to the ongoing semiconductor chip shortage, CNBC reports. [*]The affected plants in Flint, Mich., and Fort Wayne, Ind., produce a mix of GM's full-size pickups, including Chevrolet Silverado and GMC Sierra 1500 models. [*]This is the first time GM has cut production shifts for its full-size pickups due to the ongoing chip shortage, according to the report. [*]In an attempt to prioritize chips for the pickups and its full-size SUVs, GM has [URL='https://seekingalpha.com/news/3680352-general-motors-extends-some-production-halts-due-to-chip-shortage']significantly cut production at its car and crossover plants in North America[/URL]. [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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