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US auto industry endorses White House executive order on supply chains

( February 25, 2021, 00:09 GMT | Official Statement) -- MLex Summary: Automakers and suppliers share a "collaborative relationship that is critical to meet the needs of their operations," said Jennifer Safavian, Autos Drive America's president and chief executive, in a statement praising the Biden administration's executive order today on the need for "diverse" supply chains. "The recent shortage of semiconductor chips for automotive manufacturing has highlighted the need to reinvigorate advanced manufacturing here in the United States," said Safavian, whose group was part of a coalition that urged the president to fund initiatives in the CHIPS for America Act, enacted as part of the fiscal year 2021 National Defense Authorization Act. Auto Drives America comprises multinational carmakers with US operations. See statement and letter below:...

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