Global automakers will cumulatively lose $110 billion as a result of a worldwide shortage of integrated circuits. Auto manufacturing has evolved into a global, just-in-time enterprise with extended and complex supply chains. Very vulnerable to external shocks. Covid 19 was the biggest shock imaginable, and now automakers are struggling to source critical components at a time when demand is roaring back post pandemic. Could this issue have been avoided? Jim Anderton thinks so and explains one way how.

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