I asked and based off responses, I am going to post this: I currently work for a Tier 2 automotive supplier. We have all heard about the chip shortage. We have all heard it would impact production. Well since you can't build cars without component parts and everyone is pushing to stay lean we have seen orders pushed, cancelled, and adjusted. This is coupled too with the Natural gas shortage that occurred due to the nation wide cold snap.

I am not sure how much material information I can share but I feel comfortable with this:

Companies I can confirm effected:

Tesla, Ford, GM, Subaru, Toyota, Honda. Some popular light pickup and compact cars being delayed. I believe I saw GM publicly announce they were suspending production of the Camaro to be able to build other higher sellers.

Obviously I am not the only person who can see these things as other suppliers will see it too. Especially if they are diverse like us and supply a large variety of parts for multiple vehicles for each manufacturer. Not to mention employees who don't build cars/trucks on a given day.

So, what is the play here? Short the automotive companies pre-earnings? Add shares of US Chip makers to my portfolio, assume this is a blip and won't have long term effects and do nothing?