📊Executive Summary

The Chinese ambassador to Brazil assured that Beijing will open dialogue channels with Brazilian automakers to prevent a semiconductor shortage that could disrupt vehicle production. This comes as Brazil's automotive sector, employing 1.3 million people, faces critical shortages of chips, primarily imported from China. The situation has worsened due to geopolitical tensions, particularly after the Dutch government took control of Nexperia, a major semiconductor supplier. The Brazilian automotive association has warned of potential production halts reminiscent of the COVID-19 pandemic due to the critical semiconductor shortage. Urgent measures are being sought from the Brazilian government to ensure chip supply continuity....