Auto chip demand recovers, but restocking remains elusive

<p class="P1" data-sourcepos="5:1-5:317;104-420">Automotive chip sales are improving across Europe and the US, but major suppliers say global carmakers and their suppliers are still buying largely for immediate needs. A fuller inventory rebuild &mdash; one that could affect prices and supply globally &mdash; has yet to begin, leaving the recovery more cautious than expected.