GM truck production takes first hit as chip crunch grinds on

Detroit — General Motors Co. will halt regular production of its profit-rich trucks for the first time next week because of the continuing semiconductor shortage affecting the industry, the automaker confirmed Wednesday. 

GM canceled production of light-duty Chevrolet Silverado and GMC Sierra pickups at its Fort Wayne Assembly plant in Indiana and at its assembly plant in Silao, Mexico, during the week of July 26. The Flint Assembly plant where heavy-duty Silverado and Sierra trucks are built will go down to one shift that same week. Full production is expected to resume the week of Aug. 2. 

The Detroit automaker has been able to mostly protect its full-size truck production this year as crosstown rivals Ford Motor Co. and Stellantis NV have both had to halt production at various points. 

The semiconductor shortage has rocked the industry since the start of the year, sending inventory levels to record lows as consumer demand remains high. Experts expect billions in revenue and millions of vehicles will be lost as a result.