Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Weather Man" data-source="post: 16666462" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3738788-gm-increases-forecast-to-200000-fewer-vehicles-due-to-chip-shortage-maintains-guidance" target="_blank"></a></p><p><a href="https://seekingalpha.com/news/3738788-gm-increases-forecast-to-200000-fewer-vehicles-due-to-chip-shortage-maintains-guidance" target="_blank">GM doubles forecast to 200,000 fewer vehicles due to chip shortage, maintains guidance</a></p><ul> <li data-xf-list-type="ul">General Motors (<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a> +2.8%) says that, due to the semiconductor shortage, it is now <a href="https://www.cnbc.com/2021/09/10/gm-increases-impact-of-chip-shortage-to-200000-vehicles-in-2nd-half.html" target="_blank">expecting</a> to produce 200,000 fewer vehicles in North America during the back-half of the year than the 1.1M vehicles it produced during the first half. That number is twice GM's original expectation announced in <a href="https://seekingalpha.com/article/4444995-general-motors-co-gm-ceo-mary-barra-on-q2-2021-results-earnings-call-transcript" target="_blank">its August earnings call</a> of 100,000 fewer units.</li> <li data-xf-list-type="ul">In spite of the reduction, CFO Paul Jacobson says that GM is "still going to deliver a year that’s higher than what we originally thought coming into January" and the company did not reduce guidance. He expects that supply chain inventories will be "more stable" in 2022.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16666462, member: 137766"] [URL='https://seekingalpha.com/news/3738788-gm-increases-forecast-to-200000-fewer-vehicles-due-to-chip-shortage-maintains-guidance'] GM doubles forecast to 200,000 fewer vehicles due to chip shortage, maintains guidance[/URL] [LIST] [*]General Motors ([URL='https://seekingalpha.com/symbol/GM']GM[/URL] +2.8%) says that, due to the semiconductor shortage, it is now [URL='https://www.cnbc.com/2021/09/10/gm-increases-impact-of-chip-shortage-to-200000-vehicles-in-2nd-half.html']expecting[/URL] to produce 200,000 fewer vehicles in North America during the back-half of the year than the 1.1M vehicles it produced during the first half. That number is twice GM's original expectation announced in [URL='https://seekingalpha.com/article/4444995-general-motors-co-gm-ceo-mary-barra-on-q2-2021-results-earnings-call-transcript']its August earnings call[/URL] of 100,000 fewer units. [*]In spite of the reduction, CFO Paul Jacobson says that GM is "still going to deliver a year that’s higher than what we originally thought coming into January" and the company did not reduce guidance. He expects that supply chain inventories will be "more stable" in 2022. [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
Top