GM president: 'We never have one answer' for supply chain risks


FILE PHOTO: General Motors President Mark Reuss talks about the Chevrolet 2021 Suburban and Tahoe SUVs in Detroit, Michigan, U.S. December 10, 2019. REUTERS/Rebecca Cook

DETROIT (Reuters) - General Motors Co President Mark Reuss said Monday the automaker is confident in its 2022 outlook and its plans to accelerate the launch of a new Cadillac electric vehicle, despite intensifying global supply chain risks.

The geopolitical risks posed to automotive supply chains by the war in Ukraine are real, Reuss said during a conference call. But GM is managing the pressure, and is pushing ahead with its plans to speed up launches of new electric vehicles such as the Cadillac Lyriq, he said.

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