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Global Auto Industry Braces for Production Halts as Dutch-Chinese Chip Dispute Escalates

Major automotive manufacturers across Europe and Japan are facing potential production disruptions as a geopolitical standoff over chipmaker Nexperia threatens critical semiconductor supplies. Industry leaders indicate the situation could force factory closures amid already strained global supply chains.

Automotive Industry Sounds Alarm Over Chip Supply Crisis

The global automotive industry is bracing for potential production halts as a geopolitical dispute over Chinese-owned chip manufacturer Nexperia threatens to disrupt critical semiconductor supplies, according to industry reports. Major carmakers including Volvo, Volkswagen, Honda, and Nissan have indicated that recent actions by the Dutch government could severely impact manufacturing operations across multiple continents.

BusinessFinance

Private Equity Giant KKR Expands Employee Ownership Program to Japan Amid Image Revamp Efforts

KKR is spearheading the international expansion of employee ownership programs in Japan through Ownership Works. The move comes as private equity firms face pressure to soften their image while Japanese workers show some of the lowest engagement scores globally despite lifetime employment patterns.

Private Equity Embraces Worker Ownership in Japan

Global investment firm KKR is reportedly leading the introduction of an employee ownership initiative in Japan as the private equity industry faces mounting pressure to improve its public image amid increased dealmaking activity in the country. According to reports, Japan will become the first international location for Ownership Works, a private equity-backed program founded in the United States in 2022 that aims to provide blue-collar employees with equity stakes in their companies.