Press Releases

Autos Drive America Applauds President Biden, Congress for CHIPS and Science Act

August 9, 2022

WASHINGTON, D.C. – Autos Drive America President and CEO Jennifer Safavian issued the following statement regarding President Biden’s signing of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act:

“International automakers have invested more than $100 billion to produce cars and trucks in the United States, employing a record 140,000 Americans and accounting for 59% of all new vehicle sales and two-thirds of green vehicle sales in 2021. The CHIPS and Science Act – with its $2 billion for legacy semiconductor chips critical to the American auto industry – will bolster the U.S. economy against supply chain disruptions.

“We look forward to working with the U.S. Department of Commerce to ensure the legislation is implemented to maximize opportunities for international automakers to boost production across the country and create even more careers in modern manufacturing.”