COMO, Italy (Reuters) – The head of carmaker Stellantis doesn’t count on enchancment within the semiconductor supply chain earlier than subsequent year, he mentioned on Friday.
“Semiconductor supply remains to be very quick, the state of affairs may be very comparable to that of 2021. I might say 2022 wouldn’t carry a serious enchancment,” Chief Executive Carlos Tavares saidat an occasion in Como to promote Alfa Romeo’s new sport utility automobile (SUV) , the Tonale.
He added, nonetheless, that forecasts included within the carmaker’s current enterprise had been “conservative” and would remain unchanged.
Tavares mentioned the principle distinction with final year was that the variety of troubled suppliers was now smaller, with many having established higher management of their operations and supply chains.
“At the second Stellantis is damage by a low variety of chip suppliers, most three or 4,” he mentioned, including that he expects an enchancment in 2023.
The CEO reiterated that the impression from Russia’s invasion of Ukraine has to this point been “very, very marginal” on the group’s ‘ income. He mentioned the battle was making the enterprise surroundings harder for all carmakers, not solely Stellantis.
Stellantis, which homes manufacturers together with Fiat and Peugeot, mentioned has not been affected to this point by Russia’s resolution to halt pure gasoline deliveries to Poland, the place the group runs three vegetation.
(Reporting by Giulio Piovaccari; Editing by Keith Weir and David Goodman)
