GM Supply Chain Disruptions ‘Remain Fluid’: Barra
The General Motors semiconductor supply chain “continues to be impacted by events like what is happening right now with the COVID spike in Malaysia,” where government factory shutdowns are common, said CEO Mary Barra on a Q2 call Wednesday. GM told employees Tuesday that some truck production will be curtailed next week, “even as we resume production at some crossover plants,” she said. GM hopes the combination of COVID-19 safety protocols and rising vaccination rates will help “minimize” supply chain disruptions, “but we do have to note the situation does remain fluid,” said Barra. “We are also putting long-term solutions in place to derisk our supply chain. This includes collaborating with semiconductor manufacturers and continuing to enhance transparency.”