BERLIN, Oct 21 (Reuters) - Volkswagen said
on Tuesday it was preparing to pause production of two key
models but denied any connection with a stand-off over chipmaker
Nexperia putting pressure on supply chains.
Pauses in production of the Golf and Tiguan models this week
have been "long planned" to deal with inventory matters,
coinciding with the autumn holidays, a spokesperson told
Reuters.
The Bild newspaper first reported on the plans, citing
sources from the supplier network, and said the measures were
connected to a dispute over Dutch chipmaker Nexperia.
This was "not accurate", the spokesperson said.
The production pauses are expected to be complete by the end
of the week, he added.
Dutch computer chip maker Nexperia, which is a subsidiary of
China's Wingtech, is at the centre of a stand-off
threatening global auto supply chains.
The Dutch government seized control over Nexperia on
September 30, citing intellectual property concerns. In
response, the Chinese government banned exports of the company's
finished products.
While not sophisticated, Nexperia's chips are widely used in
high volumes in cars, prompting concerns over possible
disruptions to auto production.
Volkswagen has said it is assessing the impact of Nexperia
chip restrictions on its business.