12/27/2023 0 Comments Hard truck 2 pauseStellantis shut down its Ram truck assembly plant in Sterling Heights, Michigan, this week due to the chip shortage. The GM and Ford cuts come on top of temporary plant closures announced previously by Toyota, Nissan and Stellantis, formerly Fiat Chrysler. ![]() “These recent scheduling adjustments are being driven by the continued parts shortages caused by semiconductor supply constraints from international markets experiencing COVID-19-related restrictions,” GM said in a statement. Other plants that make small and midsize SUVs will be idled for two weeks or longer. A plant in Wentzville, Missouri, that builds midsize pickups and big vans will close for two weeks. GM is shutting down pickup truck plants in Fort Wayne, Indiana, and Silao, Mexico, for a week starting Monday. For others, “pricing is through the roof, so they can't afford it and aren't willing to spend what it's going to cost to get that vehicle.” ![]() Some have left the market because they can't find anything that meets their needs. Until the pandemic hit, sales had been running around 17 million per year.Ĭonsumers who need a new vehicle don't have many choices with dealer supplies so short, Schuster said. sales forecast for the year to 15.7 million. The August sales dip and inventory shortages prompted Schuster to cut his U.S. ![]() Sales of Ford's F-Series trucks fell nearly 23% for the month. light vehicle sales fell nearly 18% in August compared with a year ago, while the average vehicle sale price hit over $41,000, a record, according to J.D. “Now the prospects for new sales for the rest of the year continue to dim with the reality that tight inventory will last well into 2022,” said Kevin Roberts, director of industry insights for .ĭemand for trucks, SUVs and other autos is strong, but buyers are growing frustrated due to lack of inventory and high prices. That's worsened a chip shortage that was starting to improve earlier in the summer. Industry analysts say the delta variant of the novel coronavirus has hit employees at chip factories in southeast Asia hard, forcing some plants to close. “It now appears to be accelerating in the wrong direction,” said Jeff Schuster, president of global vehicle forecasting for LMC Automotive, a consulting firm. dealers had just under a million new vehicles on their lots in August, 72% lower than the 3.58 million in August of 2019. The cuts will compound an already short supply of cars, trucks and SUVs on dealer lots nationwide that have pushed prices to record levels. Shifts will be cut at two more truck plants in Dearborn, Michigan, and Louisville, Kentucky. ![]() General Motors announced Thursday that it would pause production at eight of its 15 North American assembly plants during the next two weeks, including two that make the company's top-selling Chevrolet Silverado pickup.įord will stop making pickups at its Kansas City Assembly Plant for the next two weeks. DETROIT - The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks.
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