A worker installing doors on the new Chevrolet Cruze on the assembly line at General Motors’ assembly in Lordstown, Ohio on July 22, 2011. Photo: Reuters
A worker installing doors on the new Chevrolet Cruze on the assembly line at General Motors’ assembly in Lordstown, Ohio on July 22, 2011. Photo: Reuters
Autos
Business /  Companies

The global chips shortage is wreaking US$110 billion of havoc on carmakers from Ford to General Motors

  • The estimated cost from the worldwide shortage of automotive chips has just increased by 80 per cent to US$110 billion, according to an analysis
  • Global carmakers will lose 3.9 million vehicles in production this year

Bloomberg
Bloomberg

Updated: 11:00pm, 14 May, 2021

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A worker installing doors on the new Chevrolet Cruze on the assembly line at General Motors’ assembly in Lordstown, Ohio on July 22, 2011. Photo: Reuters
A worker installing doors on the new Chevrolet Cruze on the assembly line at General Motors’ assembly in Lordstown, Ohio on July 22, 2011. Photo: Reuters
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