FOR IMMEDIATE RELEASE
February 4, 2022
American Automakers Statement on House Passage of America COMPETES Act
Washington, D.C.– American Automakers Ford Motor Company, General Motors and Stellantis today applauded House passage of semiconductor incentive funding contained in the America COMPETES Act and urged the House and Senate to quickly work out differences on legislative efforts to grow U.S. production of semiconductors.
“House passage of CHIPS Act funding moves the U.S. one step closer to strengthening American semiconductor production,” said Governor Matt Blunt, president of AAPC, the trade association representing American Automakers Ford Motor Company, General Motors and Stellantis. "No other U.S. industry has been as severely impacted by the shortage of semiconductors as the automotive industry and its workforce. It is vital that American automakers and the U.S. manufacturing supply chain have uninterrupted access to semiconductors, which are essential for automotive manufacturing. American Automakers urge the House and Senate to quickly work out differences on this legislation to expand 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.