Research: automakers globally will produce 7.7M fewer cars this year due to the chip shortage, costing them $210B in sales, as chip lead times slip to 21 weeks (Keith Naughton/Bloomberg)

Keith Naughton / Bloomberg:
Research: automakers globally will produce 7.7M fewer cars this year due to the chip shortage, costing them $210B in sales, as chip lead times slip to 21 weeks  —  - Asian factory shutdowns make duration of crisis more uncertain  — Parts maker Faurecia cuts guidance; Traton to miss sales goals