Following New US Chip Sanctions, Automakers Turn to Black Market
U.S. automakers officially may be at their breaking point. In a year that has seen raw material shortages, skyrocketing lead times, ongoing complications from stringent COVID-19 protocols, port congestion, and other major supply chain disruptions, the repercussions of the recent U.S. sanctions against the sale of chips and chip-making equipment to China are now pushing…
