The impact from a global semiconductor shortage on Stellantis' Italian car production this year will be worse and longer-lasting than the damage to output caused by the Covid-19 pandemic in 2020, Italy's FIM-CISL union said on Friday
A global microchip shortage is pushing automakers to slow down production, with Stellantis halting operations at several facilities across Europe and the US. The carmaker forecast it would make 1.4 million fewer vehicles this year.
Stellantis, formed earlier this year through the merger of Fiat Chrysler and France's PSA, will operate the Melfi plant, its largest Italian facility, for an equivalent of only six days in October. "The main risk is that Stellantis decides to delay planned investments and new model launches as the chip crisis pushes sales down," Uliano said.
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