General Motors president Mark Reuss says the company will co-develop semiconductors with several producers. Picture: Bloomberg
GM uses a wide assortment of semiconductors in its cars. It now plans to reduce the types of chips it uses to just three families of semiconductors over the next several years. That would reduce the variety of chips GM orders by 95%, making it easier for producers to fulfil the company’s needs and boosting margins, Reuss said at the Barclays Auto Conference.
“We see the semiconductor requirements more than doubling over the next several years as the vehicles we produce become more of a technology platform,” Reuss said.
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