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Live Updates  >  Live Update Details

2025-10-31 16:49:52

[European Automotive Industry Faces Threat of Production Shutdowns Due to Chip Shortage] ⑴ The European Automobile Manufacturers Association (EAA) has warned that a shortage of basic microchips threatens the European automotive industry with imminent assembly line shutdowns. ⑵ This shortage affects automotive electrical system control units, and the industry situation is becoming increasingly dire. ⑶ Automakers are currently depleting their stockpiles, but supplies are rapidly dwindling. ⑷ The association's director general stated that parts supplies have already ceased due to the shortage. ⑸ This means that assembly line shutdowns may be just days away.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

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-7.97

(-0.20%)

XAG

 47.946

-0.113

(-0.24%)

CONC

 60.21

-0.84

(-1.38%)

OILC

 64.06

-0.75

(-1.16%)

USD

 99.937

0.073

(0.07%)

EURUSD

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-0.0008

(-0.07%)

GBPUSD

 1.3073

-0.0066

(-0.50%)

USDCNH

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0.0016

(0.02%)

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