IHS Markit: global chip shortage and Texas winter storm likely cost carmakers production of about 1.3M vehicles this quarter (Craig Trudell/Bloomberg)

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IHS Markit: global chip shortage and Texas winter storm likely cost carmakers production of about 1.3M vehicles this quarter  —  The global shortage of semiconductors and winter storm that devastated Texas last month probably cost carmakers production of about 1.3 million vehicles this quarter, according to IHS Markit.

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