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

[the other mike]

Next time you go past one of those big full car lots, don't plan on driving one home anytime soon.

Many of the new cars and trucks you see are sitting there undriveable.

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

The new forecast is nearly double the $110 billion projected in May, according to consulting firm AlixPartners.

www.cnbc.com

Automakers to Battle Chip Crisis for Years, Consultancy Says

Carmakers like Volkswagen AG and General Motors Co. should brace for the global semiconductor shortage to last beyond next year and redesign cars so they need fewer of the high-tech components, consultancy Roland Berger said.

www.bloomberg.com

You Should Know These Facts About Buying a Car During the Chip Shortage

Expert tips for navigating the process of acquiring your next rig.

www.popularmechanics.com

 

[the other mike]

From June.

 

[Hellbilly]

Next time you go past one of those big full car lots, don't plan on driving one home anytime soon.

You won't find any full lots around here.
Used cars only and they have jacked up the prices on those.

 

[JohnDB]

Actually Ford just inked a deal with a domestic manufacturer of chips. Global Foundries System is one of the largest domestic chipmakers.