FOR IMMEDIATE RELEASE
January 28, 2022
American Automakers Applaud Congressional Efforts to Strengthen U.S. Semiconductor Production
Washington, D.C. – American Automakers Ford Motor Company, General Motors and Stellantis 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 Company, 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.”
The American Automotive Policy Council (AAPC) represents American Automakers Ford Motor Company, General Motors Company and Stellantis. AAPC is a Washington, D.C. association representing the common public policy interests of its member companies.