PARIS (Reuters) -French carmaker Renault expects to produce at least 300,000 fewer vehicles this year due to a global shortage in semiconductor chips, three sources close to firm told Reuters on Wednesday, a much bigger hit than previously estimated.
The supply problems would cost Renault, which is set to publish its third-quarter sales on Friday, over a third more than the 220,000 lost vehicles it forecast in early September.
A Renault spokesperson declined to comment.
“The forecasts change all the time, but the shortfall will be between 300,000 and 400,00 vehicles,” said one of the sources.
The other two sources said this figure could be between 350,000 and 380,000 vehicles.
The shortage in chips has come at the worst possible time, …