G.M. Sees 18.5% Drop in Profit Amid Global Supply Chain Woes0
- Autos & Vehicles
- May 4, 2023
General Motors (G.M.), one of the largest automotive manufacturers in the world, has reported an 18.5% drop in profit in the first quarter of 2022 due to ongoing supply chain disruptions. This is the latest indication that the global semiconductor shortage is having a significant impact on the automotive industry. G.M.’s earnings report for Q1
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