A parts shortage is forcing GM to keep its truck-producing Silao Complex in Silao, Guanajuato, Mexico idled until March 21st, The Detroit News reports. The shutdown has been ongoing since last week, though GM hasn’t mentioned exactly which parts are temporarily unavailable.
Customer demand for the pickups produced at the plant remains strong, company representative Dan Flores noted. He also said The General is “actively working with our suppliers to resolve this supply chain challenge.”
Two of GM’s high-profile light-duty truck nameplates are affected, the Chevy Silverado 1500 and the GMC Sierra 1500. The Silao plant has been operational since 1996 and focuses on production of these two truck models for the American continent.
Meanwhile, GM plans to pause U.S. production of the same two truck models at its Fort Wayne Assembly plant located in Indiana. The pause is scheduled to begin during the week of March 27th, 2023 and will last for two weeks. GM said excess supply of the trucks is adding up, with 100 days supply of the Chevy Silverado reported at the end of January 2023.
GM is offering multiple incentives in the U.S. for the Silverado 1500, likely in an additional effort to reduce inventory levels to the 50 to 60 days supply it now actively prefers.
The Silverado discounts offered in March 2023 can be as much as $4,250 on the 2022 Chevy Silverado 1500 and up to $3,250 on the 2023 Chevy Silverado 1500, depending on the specific configuration and market. Buyers can also currently benefit from interest-free financing and deferred monthly payments for 90 days.
Simultaneously, GM is offering up to $4,500 in March 2023 discounts on the 2022 GMC Sierra 1500 and $2,250 on the 2023 GMC Sierra 1500. Some GMC Sierra buyers qualify for low-interest financing and deferred monthly payments similar to those available for Silverado purchasers.
Production of the 2023 Chevy Silverado 1500 began at the GM Oshawa plant in Ontario on August 20th, 2022, at the GM Fort Wayne plant in Indiana and GM Silao plant in Mexico on August 29th, 2022, for both Regular Cab and Crew Cab models, and on September 6th, 2022, for Double Cab models.
Meanwhile, production of the 2024 Chevy Silverado 1500 is set to kick off on July 17th, 2023. Dealers will be able to order new units of the 2024 Chevy Silverado 1500 starting in June. Both the 2023 and 2024 model years feature only minor changes following the fifth generation’s mid-cycle refresh with the launch of the 2022 Chevy Silverado 1500.
The upcoming 2024 GMC Sierra 1500 also introduces only minor changes and is scheduled to see start of regular production (SORP) on July 17th, 2023.