GM Korea Incheon Bupyeong Plant. Photo = Korea Economic Daily DB
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General Motors (GM), an American automobile company, will begin to cut production from four factories around the world, including the Bupyeong plant in Korea, starting next week. It was hit directly by a shortage of automotive semiconductors, which had a major impact worldwide.
According to Reuters on the 3rd (local time), GM announced that from the 8th, it will completely halt vehicle production in Fairfax, Kansas, Ingersall, Ontario, and Potosi, San Luis, Mexico.
It is reported that the domestic Bupyeong 2 plant plans to cut production in half next week.
Specifically, how many units of production will be reduced is not yet known. However, Autoforcast Solutions, an automobile production predictor, predicts that GM’s total production cuts will reach 10,000 units next week.
Chevrolet Malibu, Cadillac XT4, Chevrolet Equinox and Trax, GMC Terrain, and Buick Encore are likely to be affected by production cuts.
GM spokesman David Banas told Reuters that the shortage of semiconductors will affect GM’s production in 2021. “The global automotive industry’s semiconductor supply is very fluid.”
Shin Hyun-ah, reporter at Hankyung.com [email protected]
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