A stand-off between Dutch and Chinese arms of chip giant Nexperia threatens chaos in the British car industry. Factories are at a standstill, accusing each other of debts and contract breaches. Vauxhall and BMW are closely monitoring the situation, fearing potential chip shortages. Jaguar Land Rover warns of a production stoppage in December.

The crisis began when the Dutch government took control of Nexperia in September, alleging intellectual property concerns. China responded by banning chip exports, sparking a global shortage. A deal between Trump and Xi aims to resume trade, with a pause on tough export controls. Beijing criticizes Dutch interference for causing supply chain chaos.

Nexperia China claims to have enough chips for customer orders and seeks additional sources. Nexperia Netherlands scrambles for chips from other suppliers, including its Malaysian factory. European and Chinese officials meet to resolve the impasse. Car production faces uncertainty as the feud continues between the two sides.

Read more at Yahoo Finance: Civil war at Chinese-owned chipmaker threatens car factory shutdowns