Volkswagen Faces Shutdown as Chip War Escalates – Global Auto Industry on Edge (Nexperia)
Chip Dispute Threatens Volkswagen’s Output A new chip crisis is looming over Volkswagen just as the industry hoped supply shortages were easing. Nexperia – a major supplier of the tiny electronic components that go into every modern vehicle – has told automakers it “could no longer guarantee” chip deliveries as of mid-October reuters.com. The warning came after an unprecedented intervention by the Dutch government: on September 30, officials invoked emergency laws to take control of Nexperia, ousting its China-appointed CEO amid concerns sensitive technology could leak to China reuters.com reuters.com. Beijing swiftly retaliated. China’s Commerce Ministry issued an export ban