PARIS, Oct 2 (Reuters) – The top of carmaker Stellantis , Carlos Tavares, expects the semiconductor provide chain to stay tight till the top of subsequent 12 months, he stated in an interview revealed on Sunday in French newspaper Le Parisien.
“The scenario will stay very sophisticated till the top of 2023, then will ease a bit,” stated Tavares, including that “semiconductor producers have an curiosity in making enterprise with us once more, particularly as they’re elevating costs”.
Over the previous couple of years, shortages of semiconductor chips, due amongst different elements to the influence of the COVID-19 pandemic, have pressured international automakers to scrap manufacturing plans for thousands and thousands of vehicles. Shortages are actually easing, however at a brand new and everlasting value to the automotive corporations.
In France, shortages preserve weighing on producers’ gross sales. Whereas new automotive registrations elevated by 5% final month, based on business figures revealed on Saturday, they remained down practically 12% for the reason that begin of the 12 months.
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Writing by Juliette Jabkhiro; Modifying by Jan Harvey
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