The semiconductor chip shortage has reached Mazda Motor Corporation and the company expects it to impact 100,000 vehicles across the globe during the fiscal year, according to Yahoo News. It said Mazda wants to leverage available inventory to minimize the impact of about 70,000 wholesale units. Overall, “the shortfall (in chips) will cost automakers $110 billion in lost revenues this year, up from a prior estimate of $61 billion, consulting firm AlixPartners said.” (Source: Yahoo News) Read the original article.
