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GM's chip strategy that keeps production running as Ford goes down
Last week, CEO Mary Barra and CFO Paul Jacobson told investors at the Deutsche Bank Center in New York that GM predicts it will grow its production volume by 25% to 30% globally this year compared to last year. It has secured deals with the chipmakers in its supply chain, according to a research note on Monday from Deutsche Bank analyst Emmanuel Rosner. Last week, Barra told Wall Street that the chip shortage was easing and she expected supply of chip parts to improve as the year progressed.
GM's chip strategy that keeps production running as Ford goes down
Last week, CEO Mary Barra and CFO Paul Jacobson told investors at the Deutsche Bank Center in New York that GM predicts it will grow its production volume by 25% to 30% globally this year compared to last year. It has secured deals with the chipmakers in its supply chain, according to a research note on Monday from Deutsche Bank analyst Emmanuel Rosner. Last week, Barra told Wall Street that the chip shortage was easing and she expected supply of chip parts to improve as the year progressed.
I'm wondering what's the true explanation from Ford. Did they forget to send new year greeting cards and boxes of chocolate to suppliers and foundries?
