GM, lack of parts, production setbacks… Concerns about a prolonged shortage of semiconductors

As the shortage of automotive semiconductors continues, it has been found that US automakers General Motors and GM have suffered major production disruptions.

According to the Wall Street Journal and the Associated Press, GM announced on the 1st of local time that in the second quarter of this year, certain parts, including semiconductors, were lacking, so it had an unfinished car inventory of 95,000 units made except for those parts.

Most of these unfinished cars were assembled in June, and the company predicted that they could be completed and sold by the end of this year.

The 95,000 unfinished cars accounted for 16% of GM’s 582,000 sales in the second quarter, the AP noted.

Hyundai Motor Company also announced that in the first half of this year, sales in the US market fell by 16% compared to the same period last year.

Hyundai Motor Company’s June sales were the highest this year, but still 13% lower than the same month last year, the Wall Street Journal reported.

Kia announced that sales in the US market in June increased by 12% compared to the previous month, and sold 333,340 units in the first half of the year, including EV6 electric vehicles.

However, the first half performance was lower than the same period last year, which did not include EV6 sales.

Consulting firm Alex Partners predicted that the shortage of semiconductors for vehicles triggered by the COVID-19 crisis would continue until 2024, suggesting the possibility of a prolonged shortage of parts.

[사진 출처 : 로이터=연합뉴스]

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