YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
General Motors and Ford are temporarily idling or extending downtimes at several plants amid a semiconductor chip shortage.
Consulting firm AlixPartners estimates the chip shortage will reduce the global automotive industry's collective revenue by $60.6 billion this year.
The plant closures range from a week or two to several weeks.
Read more from CNBC.
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