Microchip shortage hinders auto production, could impact other products - WMC

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“One million cars could actually be lost in the coming months. That’s quite a lot. If you take the average value of a car, which might be what, $20,000 - $30,000 maybe. It would actually lead to about $20 to $30 billion in lost revenue,” said Emmanuel Bulle, senior director of EMEA Corporates, Fitch Ratings.

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Microchip shortage hinders auto production, could impact other products - WMC
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