Posted Friday, February 4, 2022
In case you missed it the news that will impact availability of new trucks in Indianapolis, Indiana and other states across USA – GM forced to halt most large pickup truck production due to chip shortage. Ford truck aficionados are probably happy that there will be not much Chevrolet Silverado and GMC Sierra pickups for sale in the near future.
Toyota closed few plants as well.
What does it mean for the used car market? Reduced supply and therefore higher prices on used cars, trucks, and SUV‘s.
Source https://www.cnbc.com/GM will stop most North American manufacturing of its full-size pickup trucks next week due to the continuing global shortage of semiconductor chips.
GM will cut production of the Chevrolet Silverado and GMC Sierra pickups for plants in Michigan, Indiana and Mexico.