Stellantis boss Carlos Tavares says the chip crisis will be over by the end of 2023, but plant shutdowns and supplier delays continue to hamper
“We have a limited number of suppliers who are troublemakers - let’s say two or three – and we're trying to push those suppliers to improve.”
He added that the agitators in question are European but stopping short of naming them, emphasising that the situation is improving and that he expects that trend to continue. “By the end of 2023, the problem will be over. That’s what we estimate, given the current rate of improvement. It depends a lot on the demand of the market, but that's our estimation.There is still a “significant number” of plant shutdowns occurring on a monthly basis, specifically in Europe, Tavares said, and shortages are still a problem for the industry.
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