The global shortage of computer chips and other parts forced General Motors to build 95,000 vehicles without certain components during the second quarter.

The Detroit car maker said in a regulatory filing that most of the incomplete vehicles were built in June, and that it expects most of them to be finished and sold to dealers before the end of the year.

The unsold vehicles amounted to 16% of GM's total sales from April through June. The company said that it sold 582,000 vehicles during the quarter, down more than 15% from a year ago.

The company reaffirmed its full-year net income guidance of $9.6bn to $11.2bn with pre-tax earnings of $13bn to $15bn.

The chip shortage has vexed car manufacturers globally since 2020, forcing many to temporarily close factories and trim production. The shortage has limited the supply of new vehicles on dealer lots in the US to around 1m, when in normal years it's about 4m at any given time.

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That has pushed prices to record levels and limited vehicle selection, but it's also led to strong profits for most car makers.

In a prepared statement, GM said its North American production has been relatively stable since the third quarter of last year, but short-term parts disruptions are continuing.

The company expects far better chip supplies from July through December.

Photo: General Motors CEO Mary Barra. (Pic: Paul Sancya/AP Photo, File)