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Trump Sanctions About to Cause a Serious Auto Chip Shortage
A Major Chip Shortage Is Brewing
Please note There's Another Chip Shortage Coming To Screw Up Vehicle Production
A group representing major automakers warned late on Thursday that a chip disruption stemming from a dispute between China and the Dutch government could quickly impact U.S. auto production.
Carmakers and their suppliers received notice from chipmaker Nexperia last week that it could no longer guarantee delivery of its chips, said ACEA, the European Union's auto association, which also said manufacturing could be significantly disrupted.
In the United States, the Alliance for Automotive Innovation, which represents General Motors (GM), Toyota, Ford (F), Volkswagen (VOWG), Hyundai, and nearly all other major automakers, urged a quick resolution.