The semiconductor chip shortage could cause a shortfall in US vehicle production by as many as 1.27 million vehicles in 2021, according to the Alliance for Automotive Innovation.
The prediction falls in line with earlier predictions by other sources. Earlier this year, IHS Markit predicted the chip shortage would cut annual production by 1 million to 1.3 million vehicles; Alix Partners anticipated the shortage would result in between 1.5 to 5 million fewer vehicles produced. Top Biden administration officials will hold a second…
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