(CNBC)
- GM believes the worst of a global chip shortage, which has forced automakers to cut production and close plants, could be behind it.
- The automaker’s finance chief said this development has led to optimism that GM will achieve its guidance for the year.
- GM’s 2021 guidance include earnings of $10 billion to $11 billion, or $4.50 to $5.25 per share, in adjusted pretax profits.
