Automakers are bracing for a chip crisis that could roil production

Core Insights - Carmakers are facing a shortage of critical semiconductors due to a ban on a key supplier from selling its chips, which is a result of geopolitical conflicts [1] Group 1 - The semiconductor shortage is impacting the automotive industry significantly, as these components are essential for vehicle production [1] - The geopolitical conflict has led to increased tensions and restrictions, further complicating supply chain issues for car manufacturers [1] - This situation may lead to production delays and potential revenue losses for carmakers as they struggle to secure alternative sources for semiconductors [1]