Chip makers have a message for car makers: Your turn to pay

The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two years are easing – at a new and permanent cost to the car companies.

What had been “war room operations” to manage chip shortages are becoming embedded features of vehicle development, say executives in both industries. That has shifted the risks and some of the costs to automakers.

Newly created teams at the likes of General Motors Co , Volkswagen AG and Ford Motor Co are negotiating directly with chipmakers. Automakers like Nissan Motor Co Ltd and others are accepting longer order commitments and higher inventories. Key suppliers including Robert Bosc…

Keep on reading: Chip makers have a message for car makers: Your turn to pay