28
Sep
13:47
Semiconductors to cost global automotive $210 billion: AlixPartners
Global semiconductor shortages will cost the worldwide automotive industry around $210 billion in lost revenue this year, shows the latest forecast of consulting company AlixPartners.
This is markedly more than its estimate in May of $110 billion, Kallanish notes. In terms of vehicles, the company is now forecasting that production of 7.7 million units will be lost in 2021, up from 3.9 million in its May forecast.
“Of course, everyone had hoped that the chi…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous