The great semiconductor chip shortage of 2021 is quietly seeing signs of relief, at least, according to GM. Like many other automakers, the group has done its best to work around the lack of chips related to the global pandemic-driven supply chain issues that plague more than just automotive production, but several consumer products.
We recently updated you on General Motors’ lacking third-quarter earnings as a result of the shortage—something the company head honchos got in front of in order to offer fair warning to Wall Street about the impending deficit. With much less production left to take place, many of GM’s plants were running at almost half capacity when compared to the year prior.
Making it through the better part of 2021 with limited production meant funneling available chips to the brand’s biggest money makers, like its Chevy Tahoe, GMC Yukon, and full size truck lines. In addition, some models didn’t include plush extras like heated and ventilated seats, something customers have come to expect, until chip availability was back online, at which those vehicles were promised a retrofit. The shortage is expected to carry well into the new year with an increase in availability realized by next summer. By 2023, this should all just be yet another distant memory of the madness of 2020-2021.
For the full story, check out this article from Motor Trend.