{"id":347410,"date":"2021-10-01T20:24:16","date_gmt":"2021-10-01T17:24:16","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/semiconductor-chip-crisis-slams-gm-sales\/"},"modified":"2021-10-01T20:24:16","modified_gmt":"2021-10-01T17:24:16","slug":"semiconductor-chip-crisis-slams-gm-sales","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/semiconductor-chip-crisis-slams-gm-sales\/","title":{"rendered":"#Semiconductor chip crisis slams GM sales"},"content":{"rendered":"<p>&#8220;<strong>#Semiconductor chip crisis slams GM sales<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a>\u00a0Motors on Friday reported a drop in U.S. auto sales for the first time in four quarters, hit by worsening semiconductor chip shortages and low inventories.<\/p>\n<p>The company said the shortage that has hit production at automakers worldwide was abating.<\/p>\n<p>\u201cAs we look to the fourth quarter, a steady flow of vehicles held at plants will continue to be released to dealers,\u201d GM said, adding that it was expecting a more \u201cstable operating environment.\u201d<\/p>\n<p>The company said all of its full-size pickup, full-size sports utility vehicle and mid-size pickup truck plants in North America were operating as of this week.<\/p>\n<p>Chip shortages and supply chain disruptions have forced automakers worldwide to cut production and in some cases, to produce vehicles without chips and park them at their facilities.<\/p>\n<p>The problems have, however, allowed then to sell vehicles at higher prices due to record purchases from consumers, who are flush with cash amid low interest rates and rising wages.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/semiconductor-chip-shortages-slam-gm2.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"GM's Chevrolet vehicles displayed for sale on the lot of a car dealership\" class=\"wp-image-19657279\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/semiconductor-chip-shortages-slam-gm2.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/semiconductor-chip-shortages-slam-gm2.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/semiconductor-chip-shortages-slam-gm2.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>GM said it continues to see robust car sales despite the chip shortages due to high customer demand.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>\u201cWe expect to continue selling every vehicle we can produce with rapid turnover,\u201d GM chief economist Elaine Buckberg said.<\/p>\n<p>The Detroit automaker\u2019s third-quarter sales fell to 446,997 vehicles, down by 218,195 vehicles from a year earlier.<\/p>\n<p>GM\u2019s shares, which have gained more than one-fourth in value this year, were down 0.4% in afternoon trade.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2021\/10\/01\/semiconductor-chip-crisis-slams-gm-sales\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Semiconductor chip crisis slams GM sales&#8221; General\u00a0Motors on Friday reported a drop in U.S. auto sales for the first time in four quarters, hit by worsening semiconductor chip shortages and low inventories. The company said the shortage that has hit production at automakers worldwide was abating. \u201cAs we look to the fourth quarter, a steady&#8230;<\/p>\n","protected":false},"author":1,"featured_media":347411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/semiconductor-chip-shortages-slam-gm.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[116870,100599,70237,72550],"class_list":["post-347410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-1-21","tag-auto-sales","tag-corporate-earnings","tag-general-motors"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/347410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=347410"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/347410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/347411"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=347410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=347410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=347410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}