As chip shortage eases, Stellantis CEO sees rising pressure on car prices

Jeep_Compass-Melfi — Jeep Compass production at the Stellantis factory in Melfi, Italy, which faced several work stoppages in 2022 because of a shortage of semiconductors.

February 22, 2023 04:36 PM

Shortages of semiconductors and other components are easing, Stellantis CEO Carlos Tavares said, helping the industry increase production and bulk up inventories.

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