Reuters exclusively reported that French carmaker Renault expects to produce at least 300,000 fewer vehicles this year due to a global shortage in semiconductor chips, a much bigger hit than previously estimated. The supply problems would cost Renault, which is set to publish its third-quarter sales this week, over a third more than the 220,000 lost vehicles it forecast in early September.
Reuters exclusively reports Renault sees bigger production hit from chip shortage; market reacts
20 October 2021, 1:44 pm. 1 minute
The company’s Paris-listed shares fell on the news.
Topics of Interest: Automotive
Type: Reuters Best
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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