According to Reuters, the shortfall in revenue for automakers due to a chip shortage is worse than anticipated.
- What was the original revenue shortfall estimate for automakers due to a chip shortage?
- To what amount this revenue shortfall estimate increased?
- How many vehicles will this impact?
- How does this article explain the change in a strategy for supply-chain resiliency?
Reuters staff. (2021). Chip shortage to cost automakers $110 billion in revenues in 2021 – AlixPartners. Reuters.com (Retrievable online at https://www.reuters.com/article/us-autos-chip-shortage/chip-shortage-to-cost-automakers-110-billion-in-revenues-in-2021-alixpartners-idUSKBN2CV09H)