Connect with us

Business

Chip shortage expected to cost auto industry $210 billion in revenue in 2021 – CNBC

The forecast is up by 91% from an updated forecast of $110 billion in May, according to consulting firm AlixPartners.

Article feature image
ADVERTISEMENT

With no end in sight this year, the ongoing semiconductor chip shortage is now expected to cost the global automotive industry an estimated $210 billion in revenue in 2021, according to consulting firm AlixPartners.
The forecast is almost double it previous…

Click here to view the original article.

Continue Reading
Advertisement

Trending

Georgia News11 mins ago

Georgia governor allocates COVID relief funds to help courts | News

ADVERTISEMENT ATLANTA (AP) — Georgia’s governor said Thursday that he plans… Click here to view the original article.

Georgia News14 mins ago

Moscow launches fresh restrictions as Covid-19 deaths hit record high in Russia | News

ADVERTISEMENT Tough new Covid-19 restrictions went into effect in Moscow on… Click here to view the original article.

Georgia News21 mins ago

Frontline workers in Chatham County receive a delicious thank you from the community in honor of National First Responders day

ADVERTISEMENT SAVANNAH, Ga. (WSAV) — Paramedics, firefighters, police officers and emergency medical responders lined up for free food and festivities...

Georgia News23 mins ago

Man charged with kidnapping, assault after allegedly abducting his mother – LaGrange Daily News

ADVERTISEMENT A 41-year-old man is charged with assault, battery and kidnapping charges after allegedly abducting his mother and taking her...

Georgia News33 mins ago

Panola Mountain State Park to close temporarily for deer hunt | News

ADVERTISEMENT STOCKBRIDGE — Panola Mountain State Park in will close Nov…. Click here to view the original article.

Georgia News38 mins ago

Denmark High School shooting threat under investigation following viral Snapchat post

ADVERTISEMENT The Forsyth County Sheriff’s Office is currently investigating a shooting threat at Denmark High School that was shared on...

Georgia News42 mins ago

SCCPSS reports 0 COVID cases among employees

ADVERTISEMENT SAVANNAH, Ga. (WSAV) – For the first time since the start of the school year, the Savannah-Chatham County Public...

Georgia News53 mins ago

Drivers may want to avoid Truist Park area on Friday, work from home if possible | News

ADVERTISEMENT ATLANTA (CBS46) — If you don’t have to be near Truist Park on… Click here to view the original...

Advertisement

You might also like ...

Article feature image
Coding Org Seeking ‘Legal Counsel’ After Trump Venture Seems To Violate Terms – HuffPost
Article feature image
More Than 100 Cargo Ships Were Waiting to Unload in Southern California This Week, an All-Time High – Gizmodo