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Semiconductor Chip Shortage Bedevils U.S. Automakers

Semiconductor Chip Shortage Bedevils U.S. Automakers

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Industry Segment: North America | Word Count: 824 Words
Attachment: Chips

SUGAR LAND--August 5, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--The global semiconductor chip shortage continues to impact production across a variety of manufacturing sectors, including consumer electronics, appliances, and most notably, automotive. The shortage has forced U.S. automakers to cut production and idle factories, as the number of domestically produced vehicles in June reached its lowest total since May 2020, according to the U.S. Bureau of Economic Analysis (BEA). Despite the tumult, Industrial Info is tracking more than $10 billion of automotive projects that are under construction in the manufacturing-heavy Great Lakes region, which consists of Illinois, Indiana, Kentucky, Michigan, Ohio and Wisconsin.

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