Senate Passes CHIPS Bill on 64-33 Vote
The House is expected to also pass the bipartisan bill that earmarks billions of dollars to boost domestic semiconductor production.
The House is expected to also pass the bipartisan bill that earmarks billions of dollars to boost domestic semiconductor production.
Auto manufacturers cut over 100,000 vehicles from North American production schedules because of the global microchip shortage last week, reports AFS.
European and North American automakers cut around 25,000 additional vehicles from their production schedules last week.
With an improved chip supply, carmakers are at work whittling down order backlogs.
The ongoing microchip supply shortage has caused automakers to trim 87,500 more vehicles from their production forecasts, reports AutoForecast Solutions.
Experts suggest automakers focus their attention on the user experience and greater collaboration as they content with limited semiconductor chip supplies.
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