GM built 95,000 vehicles it can not sell

Back in September 2021, GM was forced to shut down entire North American manufacturing facilities due to a lack of semiconductor chips, given that the company would simply generate more deadweight for their limited storage space by continuing to produce more of these unfinished cars. Some manufacturing facilities, such as the Arlington Assembly and the Flint Assembly, continue to produce vehicles despite semiconductor shortages. Some other manufacturers, such as Ford and FCA, have been idling since January 2021.

In the earnings report, sales of all GM-owned brands are not expected to decline immediately, despite the around 95,000 vehicles that cannot be sold. GM noted in a July 1 SEC file report that these vehicles will be completed in the latter half of 2022, as semiconductors begin to flow back into the market. This may happen earlier, as reports since the end of April have claimed that the shortage is now due to a transport logistics problem rather than a problem with silicon supply.