Autos

Biden to meet with auto executives on painful chip shortage

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General Motors employees work on the assembly line at Fairfax Assembly & Stamping Plant in Kansas City, Kansas.

Jim Barcus for General Motors

Clarence E. Brown has experienced union strikes, plant shutdowns and layoffs due to parts shortages during his 47 years working for General Motors.

But Brown, president of a United Auto Workers local chapter in Kansas, describes the ongoing semiconductor chip shortage that’s costing automakers billions and forcing massive temporary layoffs as more “disappointing” than previous work stoppages, because he feels it could have been avoided.

“I’m not a corporate multibillionaire, but it doesn’t take a rocket scientist to know that there’s something wrong…



Source cnbc.com

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