RIO DE JANEIRO, BRAZIL - General Motors Co. on Monday, March 22nd, said it saw no reason to cut auto production in Brazil due to the worsening pandemic, striking a different tone to two other vehicle manufacturers who have curbed production, citing health concerns.
On Friday, Volkswagen AG said it would shut down its plants for two weeks to preserve the health of its workers. On Monday, Volvo AB followed suit and said it was significantly scaling back truck production in Brazil due to both health reasons and parts shortages.
Automakers worldwide are dealing with a general shortage of semiconductors, which . . .