Reuters exclusively reports Renault sees bigger production hit from chip shortage; market reacts

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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.

The post Reuters exclusively reports Renault sees bigger production hit from chip shortage; market reacts appeared first on Reuters News Agency.

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