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Benzinga
Benzinga
Business
Adam Eckert

General Motors Updates Guidance Following Supply Chain Disruptions: What Investors Need To Know

GM Supply chain General Motors Co

General Motors Co (NYSE:GM) shares are trading higher Friday morning after the company updated its guidance for the second quarter as a result of supply chain disruptions.

GM's Friday Update: GM said second-quarter vehicle production was strong. The company finished the month with 247,839 vehicles in dealer inventory. Yet GM’s second-quarter vehicle wholesale volumes were impacted by the ongoing semiconductor supply shortage and other supply chain disruptions (mostly in June). 

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