EU Car Production at Risk: Chinese Chip Shortage

“This chip crisis shows how fragile our world is. It concerns very simple chips, used in all sectors, especially in cars”, he had already warned, just a few days ago, Oliver BlumeCEO of Volkswagen.

As he writes Reuters, Nissan Motor and Mercedes-Benz are among the automakers trying to navigate an uncertain supply situation, with Nissan which he claimed to have enough chips until the first week of November. “It’s a major issue,” said Guillaume Cartier, the automaker’s chief performance officer, from Tokyo. “For the moment we do not have complete visibility.” Honda instead it has suspended production at a Mexican plant Tuesday and began adjusting production in the United States and Canada.