Biden Seeks $37B To Fund Microchip Production In The United States
Biden wants to help the U.S. auto industry avoid another microchip shortage.
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Biden wants to help the U.S. auto industry avoid another microchip shortage.
Production at the new plant will begin early next year.
The merger of the two tire companies is expected to close in the second half of 2021.
Those numbers don’t include further production cuts overseas.
It ain’t cheap, but it provides many benefits.
The semiconductor chip shortage is expected to go on for months.
New Blackwing models incorporate AKG systems, just like the 2021 Escalade.
Storming acceleration with sound effects to match.
Phenomenal performance requires phenomenal braking.
Ohio is beefing up its energy grid in preparation for mass EV battery production.
Customers are offered all-weather floor mats, instead.
Parts shortages could spell trouble for GM’s U.S. plants.
GM has built just over 13,000 examples of the 2020 Corvette to date.
It’s not clear which GM products use American Axle products from this plant.
Development will take less time and less money.
Winners include Multimatic, Hyundai-Mobis and BASF.
Small suppliers can now receive payments from GM up front.
The Ultium Cells battery plant will open in early 2022.
Other 2021 GM product updates will also likely be delayed.