Chip Shortage Pushes World’s 2021 Automobile Loss Estimates to $210B
The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to $210 billion.
The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to $210 billion.
Automakers are reporting strong vehicle sales buoyed by consumer demand in the first quarter as fleet sales struggled.