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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16665972" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3738440-general-motors-extends-some-plant-downtimes-but-full-size-pickup-production-is-back-to-normal" target="_blank"></a></p><p><a href="https://seekingalpha.com/news/3738440-general-motors-extends-some-plant-downtimes-but-full-size-pickup-production-is-back-to-normal" target="_blank">General Motors extends some plant downtimes but full-size pickup production is back to normal</a></p><ul> <li data-xf-list-type="ul">General Motors (<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a> -1.6%) says it will extend the downtime at a plant in Michigan that manufactures the Chevrolet Bolt EV through September 26 due to the battery defect issue. The automaker is working with battery supplier LG Chem to fix the problem that could cause a fire risk. LG Chem is also being pushed to increase production of the new modules.</li> <li data-xf-list-type="ul">GM expanded a recall last month related to the battery issue to all Chevrolet Bolt EVs.</li> <li data-xf-list-type="ul">On a broader basis, GM extended downtimes at other plants due to a chips and parts shortage, but confirmed production of its full-size pickups will return to normal next week.</li> <li data-xf-list-type="ul">Shares of GM have fallen more than 10% over the last month to rank the near bottom of the <a href="https://seekingalpha.com/screeners/new?encoded_filters=eyJmaWx0ZXJzIjp7ImluZHVzdHJ5Ijp7Im9wZXJhdG9yIjoiNCIsInZhbHVlIjpbIjI1MTAyMDEwIl19fSwicmFuayI6eyJkaXJlY3Rpb24iOiJkZXNjIiwiZmllbGQiOiJxdWFudF9yYXRpbmcifSwib3JkZXIiOnsiZGlyZWN0aW9uIjoiZGVzYyIsImZpZWxkIjoicXVhbnRfcmF0aW5nIn19" target="_blank">auto sector for that stretch.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16665972, member: 137766"] [URL='https://seekingalpha.com/news/3738440-general-motors-extends-some-plant-downtimes-but-full-size-pickup-production-is-back-to-normal'] General Motors extends some plant downtimes but full-size pickup production is back to normal[/URL] [LIST] [*]General Motors ([URL='https://seekingalpha.com/symbol/GM']GM[/URL] -1.6%) says it will extend the downtime at a plant in Michigan that manufactures the Chevrolet Bolt EV through September 26 due to the battery defect issue. The automaker is working with battery supplier LG Chem to fix the problem that could cause a fire risk. LG Chem is also being pushed to increase production of the new modules. [*]GM expanded a recall last month related to the battery issue to all Chevrolet Bolt EVs. [*]On a broader basis, GM extended downtimes at other plants due to a chips and parts shortage, but confirmed production of its full-size pickups will return to normal next week. [*]Shares of GM have fallen more than 10% over the last month to rank the near bottom of the [URL='https://seekingalpha.com/screeners/new?encoded_filters=eyJmaWx0ZXJzIjp7ImluZHVzdHJ5Ijp7Im9wZXJhdG9yIjoiNCIsInZhbHVlIjpbIjI1MTAyMDEwIl19fSwicmFuayI6eyJkaXJlY3Rpb24iOiJkZXNjIiwiZmllbGQiOiJxdWFudF9yYXRpbmcifSwib3JkZXIiOnsiZGlyZWN0aW9uIjoiZGVzYyIsImZpZWxkIjoicXVhbnRfcmF0aW5nIn19']auto sector for that stretch.[/URL] [/LIST] [/QUOTE]
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Frying Pan Into the Fire -- Chip Shortage
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