GM retools supply chain to get tens of thousands of vehicles awaiting parts to consumers quickly and ward off future supply chain challenges.
Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.
The automaker has dialed down its worldwide production schedule for July by 50,000 vehicles to 800,000.
European and North American automakers cut around 25,000 additional vehicles from their production schedules last week.
The shortage of traditional wire harnesses could accelerate automaker plans to move to lighter, machine-made harnesses used in EVs.
BMW will gradually resume production at its Munich and Dingolfing plants next week after suspending production over supply chain shortages.
Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.
