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Munich (dpa) - The bottlenecks in the supply of electronic components are likely to be even more expensive for the automotive industry this year than previously thought.

Due to the lack of chips, around 3.9 million fewer vehicles would be produced worldwide in 2021, estimates the consulting firm Alix Partners in Munich, according to a press release.

That corresponds to a value of non-produced vehicles of around 110 billion US dollars (91 billion euros) - almost twice as much as the management consultancy estimated at the end of January.

A significant proportion of the vehicles not produced will also be reflected in the manufacturers' sales figures, said Alix Partners manager Marcus Kleinfeld.

However, the manufacturers would also reduce their stocks and thus partially compensate for the effect.

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The chip slump has been burdening the auto industry for months.

First of all, during the Corona crisis, the large chip contract manufacturers shifted to semiconductors for consumer electronics in order to meet the high demand.

Most recently, this year there were also individual production failures at chip companies in Japan and Texas.

Semiconductors are currently in short supply worldwide, and the creation of new capacities, which has been initiated by chip manufacturers for high billions, is protracted.

If certain important components are missing, the production of cars can be completely blocked.

The Volkswagen Group expects around 100,000 vehicles that could not be built in the first quarter due to a lack of semiconductors.

The effects could become even more apparent in the second quarter, it was said recently from Wolfsburg.

Daimler is also missing parts, and BMW also had to cut production in individual plants on a daily basis.

The US auto giant Ford calculates charges of around 2.5 billion US dollars for the shortage of chips this year.

Most carmakers such as VW and Daimler, however, expect an improvement in the second half of the year.

© dpa-infocom, dpa: 210514-99-596567 / 2