Tavares says chip shortage will easily drag into 2022

PSA CEO Carlos Tavares speaks to an audience — Stellantis CEO Carlos Tavares (BLOOMBERG/Bloomberg)

By:

BEN KLAYMAN

By:

Reuters

July 21, 2021 03:41 PM

DETROIT -- The global semiconductor chip shortage that has hit automakers around the world and constrained vehicle production will easily drag into next year, the CEO of Stellantis, the world's No. 4 automaker, said on Wednesday.

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