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 printed on Sunday in French newspaper Le Parisien.
“The scenario will stay very sophisticated till the top of 2023, then will ease a bit of,” 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 compelled international automakers to scrap manufacturing plans for hundreds of thousands of automobiles. Shortages are actually easing, however at a brand new and everlasting value to the automotive corporations.
In France, shortages hold weighing on producers’ gross sales. Whereas new automotive registrations elevated by 5% final month, in keeping with trade figures printed on Saturday, they remained down practically 12% for the reason that begin of the 12 months.
Register now for FREE limitless entry to Reuters.com
Writing by Juliette Jabkhiro; Enhancing by Jan Harvey
: .
