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Global computer chip storage to 'cost car makers almost 拢80bn this year'

Jaguar Land Rover has been one of the car makers affected

Jaguar Land Rover is one of the car makers who have been affected

The global shortage of semiconductors, which led to Jaguar Land Rover to temporarily close plants in the North West and West Midlands, will cost car makers almost £80bn in lost revenue this year, a report has said.

Global consulting firm AlixPartners said its estimate had almost doubled since its last study at the start of the year.

The firm is now forecasting worldwide production of 3.9m vehicles will be lost this year.

Car companies across the world, including some in the 海角视频, have been hit by the shortage.

In April JLR announced that it was to temporarily shut down production at two of its main 海角视频 factories over a shortage of computer chips.

The automotive giant said it would have a "limited period of non-production" at plants in Castle Bromwich in the West Midlands and Halewood in Merseyside starting on Monday, April 26.

The Jaguar XE and XF executive cars and the F-Type sportscar are built at Castle Bromwich while Halewood's factory makes the Discovery Sport and Range Rover Evoque.