![[GAM] GM decides to cut production at Bupyeong plant due to lack of semiconductor](http://img.newspim.com/news/2021/02/04/2102040737282010_w.jpg "[GAM] GM decides to cut production at Bupyeong plant due to lack of semiconductor")
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[시드니=뉴스핌] Correspondent Kwon Ji-eon = US automaker General Motors (New York Stock Exchange: GM) decided to shut down three factories this month due to a global semiconductor shortage and reduce the operation of the plant in Bupyeong.
According to the Financial Times (FT) and the Wall Street Journal (WSJ) on the 3rd (local time), GM is planning to close its factories in Kansas, USA, Ontario, Canada, and San Luis Potosi, Mexico next week. Decided to reduce.
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| General Motors (GM) logo [사진= 로이터 뉴스핌] |
GM warned that the decision could disrupt production targets this year.
GM said, “The semiconductor supply to the global automotive industry is still very fluid.” “There is.”
Semiconductors are used in a variety of applications, such as vehicle sensors and entertainment systems, and demand for semiconductors continues to increase as automakers expand production of electric vehicles.
Currently, GM plans to invest $27 billion in electric vehicle development with a goal of selling 1 million electric vehicles by 2025, and last month announced that it plans to stop producing and selling diesel or gasoline engine vehicles by 2035.
GM has announced that it has been reducing the impact of semiconductor supply shortages since last month, but major automakers such as Volkswagen and Ford have recently started to cut production due to semiconductor shortages.
On the regular market of the New York Stock Market on that day, GM stock price rose 2.90% to $54.25, and after-hours trading is also showing strong strength.