Automotive

GM Retools To Supply Dealers

Why stop at 95%? Let’s design a vehicle that picks up litter and MAKES chips. -10% chips per vehicle by 2030!
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GM Retools To Supply Dealers

General Motors says they are working on changes to get thousands of vehicles to consumers. The company says they are currently sitting on 95k new vehicles due to chip-based delays. Q2 earnings were 39% lower year over year, and the company says the chip shortage hit harder than they expected. 

That was then. What about now? GM's executives say they cleared out 20k vehicles from the backlog in July and will continue the work. The bigger news is their plans to reduce the number of chip families by 95% in future designs, which will prevent similar shortages from causing quite as much chaos in the future. GM CEO Mary Barra says the company will control its chip situation with bulk supply and simplified use in the future.

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