EU Carmakers ‘Days Away’ From Halting Work as Chip War With China Escalates

Carmakers in the EU are “days away” from closing production lines, the industry has warned, as a crisis over computer chip supplies from China escalates. From a report: The European Automobile Manufacturers’ Association (ACEA) issued an urgent warning on Wednesday saying its members, which include BMW, Fiat, Peugeot and Volkswagen, were now working on “reserve stocks but supplies are dwindling.”

“Assembly line stoppages might only be days away. We urge all involved to…