We are deeply concerned by potential significant disruption to European vehicle manufacturing if the interruption of Nexperia chips supplies cannot be immediately resolved. On 10 October, #automobile manufacturers and their suppliers received notice from Nexperia outlining a sequence of events that results in them no longer being able to guarantee delivery of their chips to the automotive supply chain. Nexperia is an important, high-volume supplier of semiconductors that are often used in the electronic control units of vehicle electrical systems, for example. Without these chips, European automotive suppliers cannot build the parts and components needed to supply vehicle manufacturers and this therefore threatens production stoppages. We need quick and pragmatic solutions from all countries involved. See our full statement