US Auto Industry Urges Government To Help Solve Problem
General Motors and Ford Motor have said they will cut production more than previously estimated due to a semiconductor shortage that has hit the global auto industry.
GM and Ford are forced to further cut car production due to lack of microcircuits
The magnitude of the problem is evidenced by the fact that the White House plans to hold a meeting next Monday on the issue of chip shortages. GM and Ford CEOs and executives from leading technology companies are expected to attend.
Earlier, representatives of the US auto industry called on the government to help solve the problem, warning that a global shortage of semiconductors could lead to a decrease in car production this year by 1.28 million units and disrupt production for another six months.
The government plans to allocate significant funds to stimulate the expansion of semiconductor production in the United States, but this will help meet short-term needs.
