Chip Dip and Carbon Footprint Bills Trap Jaguar
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The global chip shortage has hit a lot of companies hard, but perhaps none have as many bruises as Jaguar Land Rover.
The luxury carmaker announced on Monday that it's over 100,000 vehicles short on orders thanks to a lack of semiconductors and has lost more than $130 million a month in the third quarter. On top of that, it's now paying rivals tens of millions out of its shortchanged pockets to absorb an SUV-sized carbon footprint.
Source Fool.com
