"Because Nexperia's chips are widely used in car parts, the standoff risks adding to problems for Europe's carmaking sector on top of US tariffs and Chinese curbs on rare-earths exports. We are currently doing everything we can to serve our customers and avoid or minimise production restrictions, a Bosch spokesperson said in an emailed statement to the Reuters news agency."
"Salzgitter is Bosch's lead plant for motor control units for combustion and electric vehicles, and employs about 1,400 staff. Earlier on Friday, Volkswagen said it had secured production in Germany for the coming work week across the group, which includes the core VW brand and luxury subsidiary Porsche. In view of the dynamic situation, however, short-term impacts on the production network of the Volkswagen Group cannot generally be ruled out, a spokesperson said. BMW and Mercedes have also warned that their supplier networks are affected."
China has banned exports of Nexperia's finished products after the Netherlands seized control of the company, whose Chinese owner Wingtech has been flagged by the United States as a possible national security risk. Nexperia's chips are widely used in car parts, risking additional disruption to Europe's car industry already facing US tariffs and Chinese rare-earths curbs. Bosch is preparing furlough measures at its Salzgitter plant and is scrambling for alternatives to avoid production restrictions. Volkswagen secured production for the coming work week but warned of possible short-term impacts. BMW, Mercedes, and suppliers report network effects, and a regional IG Metall representative warned the situation could worsen.
Read at www.aljazeera.com
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