General Motors said on Friday that new car sales in the second quarter fell 15% year-on-year as a global shortage of computer chips continued to limit automakers’ production.
The company sold 582,401 cars and light trucks Compared to 688,236 in the same period of the previous year from April to June.
GM said the factory owns 95,000 vehicles manufactured without certain electrical components that are in short supply due to a shortage of chips. We will install the parts as they become available and ship them to the dealer.
Steve Carlyle, Executive Vice President and President of North America, said:
GM said in a filing with the Securities and Exchange Commission that most of the 95,000 missing parts were produced in June. Backlogs are expected to impact second-quarter net income and are projected to be between $ 1.6 billion and $ 1.9 billion.
The company plans to ship almost or all of its 95,000 partially completed vehicles by the end of the year. Full year outlook Net income is between $ 9.6 billion and $ 11.2 billion.
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