General Motors and Ford forced to slow production in Canada due to winter storms

General Motors and Ford have been forced to slow production at seven Canadian assembly plants due to winter storms resulting in road closures.

GM was also forced to close their Lansing Grand River assembly plant in Lansing, Michigan, as a part shortage occurred thanks to the poor weather and road closures.

The production of the following GM cars has been affected: the Chevrolet Equinox, Impala, Silverado, Camaro, GMC Terrain, Sierra, Cadillac CTS and the STS. As for Ford, the Flex, Edge, Explorer, Lincoln MKX, MKT and MKS have all been affected. Some shifts have been stopped altogether, while others have been shortened.

If the two companies are unable to make up for the slowed production by the end of the year, this could have an impact on their fourth-quarter sales and income figures, as these are usually recorded when vehicles are assembled.

Chrysler, Honda and Toyota say that their plants in the area have not been affected and will continue running as usual.

Source: Bloomberg

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