(Reuters) – General Motors Co is cutting production at several of its North American plants due to chip shortage, CNBC reported on Thursday.
The cost of the closures is factored into the company’s earnings forecast for the year, the report said. (https://cnb.cx/3fTldu0)
GM was not immediately available for comment.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel)
