European Automobile Manufacturers’ Association say carmakers are relying on reserve stock of Nexperia chip after China’s export ban

European Automobile Manufacturers’ Association say carmakers are relying on reserve stock of Nexperia chip after China’s export ban

New EV models are offsetting a slump in demand but Europe’s carmakers are bracing for shutdowns

Global automakers are bracing for a potential shortage of automotive semiconductor chips sparked by geopolitical tensions between the U.S. and China.

Dutch-controlled company informs customers about suspension but is said to want to de-escalate trade war

EU-China chip disputes alarmed carmakers amid concerns it could halt global car productions