Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Chip shortage to cost carmakers $61 billion in sales

January 28, 2021 Reprints

A report by U.S.-based consulting firm AlixPartners LLP said that global carmakers could lose an estimated $61 billion in revenue in 2021 due to the global shortage of semiconductor chips, Business Insider reported citing Bloomberg. COVID-19 pandemic-driven supply chain disruptions led to chip shortages that forced carmakers, including Toyota Motor Corp., Ford Motor Co., and Volkswagen AG to delay or suspend production.

Help

Chip shortage to cost carmakers $61 billion in sales

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources