European Auto Plants Face Shutdown Threat Amid Nexperia Chip Supply Dispute
Major automakers including Volvo and Volkswagen are warning of potential temporary plant shutdowns in Europe due to supply chain disruptions from the Nexperia control battle. The standoff between Chinese and Dutch management has created uncertainty for critical automotive chip supplies, with industry leaders calling for diplomatic solutions.
Automotive Industry Braces for Production Impact
European automotive manufacturers are facing potential factory shutdowns as a supply chain dispute over chipmaker Nexperia escalates between China and the Netherlands, according to industry reports. Volvo Cars and Volkswagen have both indicated that temporary plant closures could occur if the situation isn’t resolved promptly.