”On October 10th, automobile manufacturers and suppliers received a notice from Nexperia describing a sequence of events that has led the company to no longer be able to fully ensure the supply of its chips to the automotive supply chain.

Nexperia is a major global supplier of semiconductors, which are frequently used in electronic control units for vehicle electronics systems, but are also relevant for other industries.

The situation could soon lead to significant production restrictions – or even a stop in production – if the interruption of Nexperia chip deliveries cannot be resolved in short term.

Since then, the VDA has been in contact with the affected companies, the industry, the German federal government, and the European Commission. The current focus should be on finding quick and pragmatic solutions.”