Tag: chip shortage

Toyota Succumbs to Chip Shortage and Shuts Factories

Electronic technician holding tweezers and assemblin a circuit board.

The global semiconductor shortage has finally started to bite at Toyota Motor Corp., highlighting how prolonged disruptions in the global supply chain in the wake of the Covid-19 pandemic are hitting even the best-prepared companies. Japan’s largest car maker said Thursday it was cutting production in the country by 40% in September because of a… Continue reading Toyota Succumbs to Chip Shortage and Shuts Factories

GM to Halt Production at Several North American Plants Due to Chip Shortage

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General Motors Co. will halt production at several North American factories and extend shutdowns at others because of a chip shortage that has been worsening for U.S. auto giants and poses a threat to a strong sales rebound. GM said Thursday that three plants previously unaffected by semiconductor supply problems will be idled or have… Continue reading GM to Halt Production at Several North American Plants Due to Chip Shortage