Automakers Need Government Help More Than Ever
There's no quick solution to the semiconductor chip crisis. It wasn't too long ago when top automaker executives, including Ford CEO Jim Farley, predicted the semiconductor chip crisis would be resolved in the second half of this year. The reality is very different and potentially far more painful unless steps towards greater domestic production are immediately taken. Automotive News spoke to some industry analysts about the current situation that began last year when chip suppliers sold their product to electronics manufacturers instead of automakers who were forced to stop production due to...