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Manufacturing

Chip shortage could cost auto industry $110B, AlixPartners says

Chip crisis
(Nikola Ilic/Getty Images)
AS
By:
Alexa St. John
May 14, 2021 04:01 AM

The worsening chip shortage could cost the auto industry $110 billion in lost revenue this year, consultancy AlixPartners said early Friday in an updated forecast.

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