Volkswagen's Production Woes: China's Chip Export Impact

Volkswagen warns of potential production hiccups! China's new semiconductor export restrictions on Nexperia chips could disrupt VW's supply chain, even though they don't buy directly from them. Production is currently unaffected, but the German Association of the Automotive Industry's warning and a nearly 2% stock dip signal serious concern. Will Volkswagen navigate this chip crisis, or will car production stall?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.