The global microchip shortage has already resulted in nearly 80,000 units worth of missed production for General Motors in North America.
According to data obtained by Automotive News, the chip shortage has so far taken 121,000 units out of North American vehicle production schedule – a significant 79,600 of which are GM vehicles. This included 17,000 examples of the Chevy Equinox crossover from the GM CAMI plant in Ingersoll, Ontario and a combined 24,100 examples of the Chevy Malibu sedan and Cadillac XT4 crossover from the GM Fairfax Assembly plant in Kansas. The automaker has also missed out on the production of about 12,700 vehicles in total from its Lansing Grand River Assembly plant, which makes the Chevy Camaro sports coupe and Cadillac CT4 and CT5 luxury sedans.
GM is set to lose more vehicle production in the coming months, too. The automaker announced last week that it would close CAMI until the end of June at the earliest due to a chip shortage, which will result in more missed production for the popular Chevy Equinox crossover. The Fairfax Assembly plant will also remain closed until the first week of July.
The automaker is prioritizing its popular and profit-heavy full-size trucks and SUVs amid the microchip shortage, which are the bread and butter of its business in North America. In a statement released last week, the automaker said it is working closely with chip suppliers “to mitigate the short-term impact and leverage every available semiconductor to build and ship our most popular and in-demand products, including full-size trucks and SUVs for our customers.” Despite its best efforts, GM has still hit some chip-related snags on vehicles like the Chevy Silverado and GMC Sierra, electing to build certain examples without Active Fuel Management (AFM) and Dynamic Fuel Management (DFM) technologies to help maintain its microchip stockpile.
In its Q1 earnings report, Ford trimmed its vehicle production forecast for Q2 2021 by 50 percent and predicted the chip supply shortage could extend into 2022. Pat Gelsinger, CEO of Intel, America’s largest chip producer, predicts a similar outcome, saying the chip shortage will take a “couple of years,” to fully resolve.