GM Expedites Shipment of Pickup Trucks Parked Due to Lack of Chips: Executive

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Mich., on March 16, 2021. Rebecca Cook/Reuters

DETROIT—General Motors Co. is more than halfway through shipping newly-assembled pickups that it had parked due to a shortage of semiconductor chips, a top executive at the No. 1 U.S. automaker said on Friday.

“We’ve made great progress,” Steve Carlisle, GM’s North American chief executive said at the Reuters Events Automotive Summit. “We’re a bit better than halfway through that at the moment and our goal would be to clear out our 2021 model years by the end of the year. We'll have a bit of a tail of 2022 model years into the new year but not for too long.”