Car companies across Europe and Japan including Volvo, Honda and Nissan, have warned that the Dutch takeover of a Chinese-owned chip manufacturer could hit production at factories. Last week’s decision by the Netherlands government to take control of Nexperia has sent shock waves around the auto industry, which is already facing potential shortages in products such as magnets amid China’s latest restrictions on rare earths exports. The Japan Automobile Manufacturers Association, whose members include Nissan, Toyota, Honda and Mazda, said on Thursday it had received a warning from Nexperia that…
Tag: Volkswagen (VW)
Moment protester throws cake at Volkswagen chair during AGM – video
Protesters threw what appeared to be cake at the Volkswagen chair, Hans Dieter Pötsch, at a shareholders’ meeting on Wednesday. Pötsch can be seen ducking to avoiding being hit. About 10 activists also interrupted the speech by Volkswagen’s chief executive, Oliver Blume, protesting against the carmaker’s plant in China’s north-western Xinjiang region by waving banners that read: ‘End Uyghur Forced Labour at VW’ The Guardian