American Automakers Applaud Efforts to Strengthen U.S. Semiconductor Production

US Automakers Applaud Semiconductor Production Efforts

The America COMPETES Act includes $52 billion to dramatically increase semiconductor production in the United States.

American Automakers Ford Motor Co., General Motors and Stellantis issued a statement saying they are encouraged by Congressional efforts to enhance U.S. production of semiconductors through the America COMPETES Act.

“No other U.S. industry has been as severely impacted by the shortage of semiconductors as the automotive industry,” said Governor Matt Blunt, president of AAPC, the trade association representing American Automakers Ford Motor Co., General Motors and Stellantis. 

“It is critical that the United States make investments to expand semiconductor production so that American automakers have access to these essential components in auto manufacturing. The America COMPETES Act includes $52 billion to dramatically increase semiconductor production in the U.S., including $2 billion for semiconductors specific to the auto industry. We urge Congressional leaders to pass this incentive funding to increase U.S. semiconductor production,” Blunt stated.

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