GM Cleared Out Three Quarters Of Its 95,000 Vehicle Backlog44
GM, among other automakers, has circumnavigated the microchip shortage by building partially-finished examples of vehicles. This allows GM to keep production lines rolling and get the vehicles into customer hands as soon as the materials needed are secured. At its height, GM had a 95,000 backlog of vehicles waiting to be finished, and now, the Detroit-based automaker has less than 25,000 vehicles left waiting. For comparison, Ford has about 40,000 unfinished vehicles to clear out.
According to a report from Automotive News, GM and Ford expect to clear the backlogs of vehicles before the end of the year. GM’s expectation was reflected in its financial results from Q3 2022, with net income rising 37 percent from Q3 2021 to $3.3 billion.
“Chips are getting better, certainly, than they were a year ago,” said GM CFO Paul Jacobson. He went on to elaborate that GM is still building some vehicles without certain parts, but not at the volume seen earlier.
Despite the strong financial report, GM has revised its expectations for the production of EVs, saying that it will manufacture less towards the end of the year than originally anticipated. GM CEO Mary Barra citied some growing pains at the new Ultium Cells plant in Warren, Ohio.
As a reminder, the microchip shortage, as well as labor and other shortages, severely handicapped GMs ability to produce enough vehicles to meet demand. In an attempt to keep production lines moving, GM opted to manufacture vehicles without some key materials, and store them for later installation. Just last July, GM had 95,000 vehicles in storage lots, representing a significant financial draw on the company. Since, then GM has been making progress, as it was able to finish 20,000 of these partially-finished vehicles by August, and continues to make headway.
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Poor mice have to find new homes.
I don’t believe GM since they haven’t been able to deliver LD pickups from Mexico ordered in April !
And these are already marked as missing items due to chip shortage so even when delivered will still be deficient. They can’t even provide expected delivery dates to the dealers!
I ordered mine on 3 3 2022 and still have not received it and it’s a plain work truck! Nothing fancy.
My truck was built on Apr 16th, 2022… still stuck in Mexico, status = MP (missing parts).
100% agree with you on this. I have a 22 TRAILBOSS that I ordered in January. Been built and sitting since may 30th.
Ford better get moving selling of their vehicles before they are totally rusted through…..
What about Vehicles that are now complete but cannot ship due to transport logistics? My truck is in that category, so technically, it is one of the 75,000 vehicles that was completed, but that doesn’t change anything for me. It still hasn’t shipped from the factory.
I feel your pain. The key is GM needs to get them shipped or they’re getting no revenue and they have a lot of cost. It’s in their best interest.
I can’t help but wonder if GM is having CAFE issues due to what they prioritized and now are holding back anything with the 6.2. Hopefully they don’t delay those into 2023. Looking more likely all the time though since they aren’t providing and information on shipping schedule.
Same engine and denalis their being shipped
Mine is a 6.2 Sierra Denali. Ordered 3/16, built 6/16, finished 9/28. It was built in Fort Wayne, then shipped to Marion, OH to sit in a parking lot for three months, then shipped back to Roanoke, IN (the Ft. Wayne plant) to get the missing “semiconductor”. My dealer tells me it was missing power window switches. That was completed 9/28 and it still hasn’t been able to get a ride to Virginia.
I had to get this information by talking to both GMC and my dealer. Between the two of them, I got this story.
They’re not shipping because they went to the CAFE? I sure hope it’s just a coffee break 🤣
I live just southwest of Lansing MI. My Chevrolet dealer told me there is a process whereby the can pick up their own vehicles to get them in customers hands instead of waiting for Jack Cooper Transport to deliver them. They are about 12 miles to Lansing Delta Township for Traverses, 70 miles to Flint for HD’s and 130 miles to Fort Wayne for LD Silverados. I went by the LDT rail yard a few weeks back where JCT and CN rail load. I noticed a half dozen cars in the CN Autoport parking lot labeled employee parking, however there were no other cars other than the Traverses and Enclaves. I’m guess this is now a dealer pickup lot.
My local GMC dealer has quite a few new trucks and some Yukons now. It’s been awhile.
Most turn out to be diesels that few people want now, which are all made in Ft. Wayne
That’s a good sign👍
Let’s not forget that Covid has killed over 1.3 million Americans and many of those people were experienced truckers needed to haul those new vehicles.
There haven’t been any more truckers killed by Covid than any other professions. The real reason that there is a shortage of truckers is because the trucking industry have saddled too many truckers with predatory loans/leases that make it impossible to make a living, especially with the high fuel prices. For many, it’s better to just file for bankruptcy.
Last I was in Lake Grove, Long Island, NY. I drove by a Chevy dealer that had about 10 trunks facing the road to sell. The next night there were only two left.
Mine is in built and in limbo since 7/15. Seriously thinking about Toyota or something else. Diehard GMC fan. Ordered 22 Yukon Denali diesel black was the only colour option. As I’m waiting for my 22 to be delivered I asked if I could just order a 23 ultimate Yukon diesel. It is not possible to order yet I am told
They don’t want to be stuck with the 22 you’ll be better off ordering a 23 I ordered a 23 escalade 2 months ago it’s be built next week there’s more 23 showing than the 22’s , same price almost for a year old car
F the Toiletota! This is AMERICA 🇺🇸! GM has been in America since the beginning and we need to keep all the dollars home that we can. I realize that parts of GM are not American made, and I realize that many Toiletotas are built here, but most of their (Toiletota) dollars are leaving, and We need to support America!
I’m told the diesel can’t be ordered yet for the 23 Yukon I don’t know if this is true
They are putting a new diesel in the vehicles for 2023. I’m not aware that it’s ready yet.
Mine and my dad’s truck must be part of the 1/4 whose trucks are still sitting rotting.
Talked with my dealer (who has been great) yesterday and he ordered me a 2023 saying it would probably arrive before the 2022 at this point.
Ordered the 2022 on 3/9, it was built 6/20, and sitting and rotting ever since.
Paint probably has dirt baked into it by now.
Tires are probably flat spotted.
Mice probably ate up wires.
I also have a feeling it didn’t pass initial inspection so they just set it aside to work on the 2023s
I wouldn’t worry about the mice, flat spots, grime in the new paint. Snakes will take care of the mice and find a nice new home, like your garage when the truck finally arrives.
So, do you get a rebate to cover depreciation when your new, one year old truck shows up
Give me a break. just sitting rotting. lmao. Do you know how many people leave vehicles just sitting around not starting? Try 98% of supercars. Maybe more. People in apts don’t park their cars inside and they don’t have issues with dirt baked into the paint. Youre just a cry baby whiner.
Maybe money comes easy to you or you just don’t care about your vehicle. Cool if you want to spend $75k on a vehicle that’s been sitting, but that’s not for me. And your argument is horrible. Supercars need to be maintained even when parked. People who live in apartments hopefully wash and wax their vehicles to keep them protected. GM is definitely not moving the vehicles around, cleaning them, or starting them to keep oils from completely draining to the bottom. Maybe you can give me the money for a weathered new vehicle if it comes so easy to you. Then I will stop whining.
I ordered a 22 Escalade in March and have been told I have to take a 23. My order has not yet been accepted. Please tell me how to get the great service that you have been promised.
Every manufacturer is dealing with the chip shortage. stop acting like some entitled brat that should get preferential treatment over everyone else.
Been waiting since July to get chips for heated seats on 2022 Silverado and since January on our 2022 Blazer, contact GM basically just say too bad, another winter without heated seats, was told by rep my lease would probably be up before would get them.
Love the weeded storage lot, ground humidity will make for a well-rusted undercarriage upon customer delivery.
Ok Karen. Be a little more dramatic if you can.
Ok what about my 2014 silverado ltz 1500 with a blown 6.2 ecotec, it’s at the mechanic who ordered a new engine from G.M. in April. Will I ever get this engine ? Will they still produce them ? If anyone knows tell me if I’m wasting my time even waiting.
My 2022 Silverado 3500 High Country HD was built March 30th ( missing parts), finished August 24th. It was just assigned a carrier last week but I still don’t have an ETA……..Mid November will be my 5th payment by the way. Criminal what GM is putting their customers through………..never again for me
Not understanding why you’re paying for a vehicle u don’t have or own. Who’s handling the loan. There’s no title? Yet
Be careful with tire flat spotting. Took delivery of my 22 Yukon finally after it sat on the lot in Arlington for at least 6 months. 3 of the 4 tires now have flat spots from sitting. Special order tires, so my truck that I had for 1 day is back at the dealer for a while.
Those lots look familiar lol
I have a 2013 GMC Sierra 2500 HD diesel. It needs a Transmission control module. Dealer says there are 700 trucks before me that need the same chip. Now I’m paying for a truck that I can’t drive or use. I am also paying for a warranty that will not buy the TCM for more than the manufacturer price of
$700. I found the TCM on line but going price is $5.000 to $8.000.
I’m waiting for an wire harness for my electronics in the dash. My 2021 Sierra was stolen and pillaged and recovered. Been without it for over a month now. Dealer can’t tell me when the parts will be available since they are on back order. Can’t drive it without electronics. I don’t know if I should try to sell it or wait… I might wait forever. Thoughts anyone?