23 h. ago Is a new car shortage imminent? Chip crisis that strangled production during Covid pandemic on the brink of repeat

European car producers could run out of semiconductor chips by the end of next due to ongoing Nexperia chip supply crisis. New car production could halt and used car prices shoot up.

Events

24 h. ago Nexperia halts chip supplies to China in threat to global car production

Dutch-controlled company informs customers about suspension but is said to want to de-escalate trade warNexperia, the EU-based automotive chipmaker at the centre of a geopolitical dispute, has suspended supplies to its Chinese factory, stepping up a trade war that threatens to halt production at carmakers around the world.The company wrote to customers this week informing them all supplies to a Chinese plant had been suspended. Continue reading...

Events

67 h. ago EU carmakers ‘days away’ from halting work as chip war with China escalates

Industry body says reserves of Nexperia semiconductors are dwindling after Beijing bans exports of key componentsCarmakers in the EU are “days away” from closing production lines, the industry has warned, as a crisis over computer chip supplies from China escalates.The European Automobile Manufacturers’ Association (ACEA) issued an urgent warning on Wednesday saying its members, which include BMW, Fiat, Peugeot and Volkswagen, were now working on “reserve stocks but supplies are dwindling”. Continue reading...

Events

2 d. ago EU carmakers ‘days away’ from factories halting work in chip war with China

Industry body says reserves of Nexperia semiconductors are dwindling after Beijing bans exports of key componentsCarmakers in the EU are “days away” from closing production lines, the industry has warned as a crisis over computer chip supplies from China escalates.The European Automobile Manufacturers’ Association (ACEA) issued an urgent warning on Wednesday saying its members, which include Volkswagen, Fiat, Peugeot and BMW, were now working on “reserve stocks but supplies are dwindling”. Continue reading...

Events

2 d. ago EU carmakers ‘days away’ from halting production as chip crisis deepens

European Automobile Manufacturers’ Association say carmakers are relying on reserve stock of Nexperia chip after China’s export banCarmakers in the EU are “days away” from closing production lines, the industry has warned as a crisis over computer chip supplies from China escalates.The European Automobile Manufacturers’ Association (ACEA) issued an urgent warning on Wednesday saying its members, which include Volkswagen, Fiat, Peugeot and BMW, were now working on “reserve stocks but supplies are dwindling”. Continue reading...

Events

5 d. ago Brazilian farmers beef up soybean production as China halts business with US during trade fight

Brazilian farmers are increasing soybean production as the U.S. and China engage in a trade fight

Sport

2 w. ago Hackers targeted JLR months before cyber attack that halted production

Investigators consider whether state-backed actor or organised crime group was involved

Events

4 w. ago Asahi beer shortage fears mount in Japan as cyber attack wreaks havoc

The brewing giant has halted production at most of its factories in Japan after suffering a system failure caused by a hack.

Events