The microchip shortage has cost the automotive industry millions of lost units of production and billions in lost revenue this year. The latest estimates have the problem lingering through the first half of 2022.
The microchip shortage has cost the automotive industry millions of lost units of production and billions in lost revenue this year. The latest estimates have the problem lingering through the first half of 2022.
Trade groups and automotive executives are sounding the alarm that a curb on rare earth metals from China could lead to production disruptions worse than the microchip shortage.