[Asia Economy Reporter Changhwan Lee] Korea GM, which ultimately decided to reduce production due to the semiconductor supply shortage, announced that it is seeking semiconductor supply measures.


On the 4th, Korea GM explained, "The integrated purchasing organization in global procurement and supply chains is currently working closely with parts suppliers to find measures for semiconductor supply from parts suppliers and is striving to minimize the impact on GM and Korea GM."


The Bupyeong Plant 2, which produces Chevrolet Malibu and Trax, will operate at about half capacity for the time being. Korea GM stated that it plans to recover the production loss at Bupyeong Plant 2 as much as possible once a solution to the semiconductor supply shortage is found.


According to major foreign media on the same day, GM will completely halt vehicle production from the 8th at plants in Fairfax, Kansas, USA; Ingersoll, Ontario, Canada; and San Luis Potosi, Mexico due to the semiconductor supply shortage.



David Barnas, GM spokesperson, said, "The semiconductor shortage will affect GM's production in 2021," adding, "The semiconductor supply in the global automotive industry is very fluid."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing