Europe Carmakers Step Up Warnings Over Nexperia Chip Crunch
ACEA’s members include major European automakers such as Volkswagen, Stellantis and Renault.
Photographer: Krisztian Bocsi/BloombergEuropean automakers may have to halt production within days, the industry’s main lobby group warned, as a deepening shortage of Nexperia chips threatens to idle assembly lines in the region.
Companies have been relying on dwindling reserves to keep plants running, with some already preparing for stoppages, the European Automobile Manufacturers’ Association said Wednesday. The shortfall stems from an export freeze on components made by Nexperia’s Chinese operations, cutting off supplies of simple but indispensable semiconductors used in vehicle control units.