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March 31 (Reuters) – Ford Motor Co ( FN ) and General Motors ( GM.N ) will halt production next week at a Michigan plant due to a parts shortage, the two companies said separately on Thursday.
No. said 2 US automaker Ford said it will suspend production at its Flat Rock Assembly Plant next week, where it builds the Mustang, due to a global semiconductor shortage.
GM said that due to a temporary parts shortage it will cancel production next week at the Lansing Grand River assembly, where it builds the Cadillac CT4, Cadillac CT5 and Chevrolet Camaro. GM said the production halt was not related to the chips but did not provide other details.
The auto industry is grappling with a global chip shortage triggered by the COVID-19 pandemic, which is forcing companies to cut production, although high car prices have partially offset the impact on finance.
Ford warned last month that the chip shortage would lead to a decline in vehicle volumes in the current quarter. Read more Last month, Ford halted production at its Kansas City assembly plant that makes F-150 pickup trucks for a week because of a chip shortage. read more
Dearborn, Michigan-based Ford said production at its other North American plants would continue as normal.
GM said last week it would halt production for two weeks at an assembly plant in Fort Wayne, Indiana, which makes the Chevrolet Silverado 1500 and GMC Sierra 1500 pickup trucks, starting April 4, due to a semiconductor shortage. chips.
Reporting by Kannaki Deka in Bengaluru and David Shepardson in Washington; Editing by Vinay Dwivedi and Leslie Adler
Our Standards: The Thomson Reuters Trust Principles.
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