GM suspending midsize truck production due to chip shortage [Video]

Post author By Curator
Post date March 25, 2021

Fox Business Flash top headlines for March 24

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General Motors is shutting down its Wentzville, Mo., midsize truck assembly line for two weeks starting March 29 to help address the semiconductor chip shortage affecting the automotive industry.

The factory currently builds the Chevrolet Colorado and GMC Canyon pickups along with the Chevrolet Express and GMC Savana vans, the latter of which are not affected by the suspension.

General Motors has paused production at several factories that build cars and small SUVs in recent weeks in order to prioritize supplies of the chips for the manufacture of its large trucks, which continues at full capacity. However, a fuel-saving feature has had to be discontinued for the rest of the model year on some trucks.

GM also announced the extension of downtime at its Lansing Grand River Assembly plant in Michigan, which builds the Cadilac CT4 …

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Most CEOs are missing out on millions in potential revenue simply because they’re invisible online. In this episode, branding and LinkedIn expert Brandon Lee joins Alice Heiman to reveal how CEOs can build their reputation, attract sales opportunities, and grow their business in just one hour a week.Brandon shares how he learned—through failure—that traditional sales methods no longer work, and why personal branding is the new demand generation. Learn the five biggest myths CEOs believe about LinkedIn, why neglecting your online presence is costing your company, and exactly what to do to fix it.👉 If you're a CEO looking to drive more revenue without cold calls or spammy outreach, this episode is a must-listen!