Mexico Auto Sector Struggles to Meet New-Vehicle Demand wardsauto.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wardsauto.com Daily Mail and Mail on Sunday newspapers.
Share:
A global semiconductor chip shortage continues to affect the automotive industry on both sides of the United States-Mexico border.
General Motors Co. (NYSE: GM) recently said it has extended production cuts at three North American plants, including its facility in San Luis Potosí, Mexico, through the end of March.
The GM factory in San Luis Potosí produces the Equinox, the Chevrolet Trax and the GMC Terrain SUVs.
Other GM plants that will be affected, until at least mid-April, are facilities in Fairfax, Kansas, and Ingersoll, Ontario. GM s Gravataí facility in Sao Paulo will also be halted until at least April.
GM extends auto plant closures due to chip shortage Automaker says San Luis Potosí, Mexico, plant among those affected
0 867 1 minute read General Motors said it has extended production cuts at its facility in San Luis Potosi, Mexico, until the end of March. (Photo: GM)
A global semiconductor chip shortage continues to affect the automotive industry on both sides of the United States-Mexico border.
General Motors Co. (NYSE: GM) recently said it has extended production cuts at three North American plants, including its facility in San Luis Potosí, Mexico, through the end of March.
The GM factory in San Luis Potosí produces the Equinox, the Chevrolet Trax and the GMC Terrain SUVs.
Chip shortage for cars in North America could end by mid-2021: expert globaltimes.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globaltimes.cn Daily Mail and Mail on Sunday newspapers.
2021-01-11 23:35:19 GMT2021-01-12 07:35:19(Beijing Time) Xinhua English
MEXICO CITY, Jan. 11 (Xinhua) Mexico s light vehicle production and exports could both grow 12 percent in 2021, general director of the Mexican Automotive Industry Association (AMIA), Fausto Cuevas, said on Monday. That takes into account that the outlook for the markets in the United States and Canada are quite favorable for this year, Cuevas said in a videoconference with journalists, referring to Mexico s two partners in automotive matters. That would allow us to gradually return to the figures we had before the pandemic, Cuevas added.
National production and exports of vehicles plummeted in 2020 by 20 percent each, due to the global impact of the novel coronavirus disease (COVID-19), according to figures released Friday by the National Institute of Statistics and Geography.