Bloomberg -- Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.Automakers are expanding and extending production cuts at some North American plants as they cope with a worsening global shortage of semiconductors.Chips for use in cars and trucks have been harder to come by as semiconductor makers have allocated more capacity to consumer products.
Officials inside the White House and federal health agencies haven't been able to forge a consensus about whether the recent uptick in COVID-19 cases in the United States is worth panicking about, Politico reports. Three senior administration officials told Politico the Biden administration is working hard to not call the increase a "surge" because they want to instill confidence in the national vaccine drive, which has been picking up steam.
What? Car-lot Bob? A shortage of cars? Oh know, I feel consumer sentiment coming on and what about an affordable price? 🎬