A global computer chip shortage could mean $61 billion in lost sales for automakers like Toyota and Nissan

A critical shortage of computer chips could cost automakers billions this year - now a group of Senators wants the White House to step in
gkay@businessinsider.com (Grace Kay)
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FILE PHOTO: VW re-starts Europe's largest car factory after coronavirus shutdown Reuters
A shortage of semiconductor chips could cost car companies as much as $61 billion this year. 
Production has already been delayed at some Toyota, Nissan, Volkswagen, Ford, and Fiat Chrysler plants.
A group of lawmakers has urged the Biden administration to step in and help. 
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Volvo
The shortage of semiconductor chips,  driven by disruptions in the supply chain due to COVID-19, could cause car companies to lose as much as $61 billion in revenue this year, Bloomberg reported in January, citing estimates from the consulting firm Alix Partners. 

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