From Germany to Japan, the chip shortage is affecting the global automotive supply chain.

From Germany to Japan, the chip shortage is affecting the global automotive supply chain.

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The semiconductor crisis is spreading from Europe to Asia, impacting the global automobile production system, as major automakers worldwide—including Volkswagen, Toyota, Nissan, and Honda—seek countermeasures.

According to media reports on Thursday, the Japan Automobile Manufacturers Association (JAMA) issued a statement saying that its member companies Toyota, Nissan, and Honda have all received warnings about chip supply issues. JAMA stated that its member companies are currently working closely with parts manufacturers in an effort to resolve the problem.

The association emphasized in its statement that this event will have a serious impact on the global production of its member companies.

The day before this warning was issued, Germany's Bild newspaper reported that Volkswagen had suspended production of the Golf model at its Wolfsburg plant due to a halt in the supply of certain chips, marking the first explicit sign of chip disruptions impacting the global automobile supply chain.

The production halt may affect tens of thousands of employees in Europe's largest economy. The report added that other automakers such as BMW, Mercedes, and Daimler are closely monitoring the situation, although their production is still ongoing for now.

 

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