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GM vehicle sales tumble 15% as chip crunch, supply snags drag

Channel News Asia LogoChannel News Asia1 mo ago

GM vehicle sales tumble 15% as chip crunch, supply snags drag

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:General Motors Co reported a 15 per cent drop in second-quarter auto sales on Friday, as a global chip shortage and supply chain disruptions hit production and left nearly 100,000 vehicles waiting for more parts.The U.S.

Automakers are set to report U.S.new-vehicle sales for three months through June on Friday and Tuesday.

FILE PHOTO: Vehicles of automobile brands belonging to General Motors Company are seen at a car dealership in Queens, New York, U.S., November 16, 2021.


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GM vehicle sales tumble 15% as chip crunch, supply snags drag - Channel News Asia (Picture 1)

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Article Details

Category: Economy

Topics: Chip Auto 2021 Industry Production Last Sales Vehicles Year Motors Automakers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 18:08:35

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 4 minutes read

Article Length: 559 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 25551

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 59 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 7h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

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