Supply chain snarls could cost automakers $210 billion this year, forecast finds

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Supply chain snarls could cost automakers $210 billion this year, forecast finds

StreetInsider2021-09-23

DETROIT (Reuters) - Global automakers could lose $210 billion in revenue this year because of supply chain disruptions, nearly double a forecast earlier this year, consulting firm Alixpartners said ...

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EsmeT
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·2021-09-23
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RyanShine
·2021-09-23
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High prices and tight supplies of commodities such as steel and plastic resin are driving up costs and forcing automakers to curtail production.\nAutomakers are on track to lose production of 7.7 million vehicles in 2021, according to the new forecast. 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