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Thursday, July 7, 2022
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Production halt to be extended by Stellantis

Higher prices help Stellantis weather worsening chip shortage

Stellantis will extend its planned production stoppage at its Melfi plant in southern Italy, for about one week. This stoppage is due to a global microchip shortage, according to the FIM-CISL union. Melfi is one of the carmaker’s largest plants in Italy, coming after Stellantis. They said it was extending production halts at several plants in Europe due to a shortage of microchips. They also gave a statement in press regarding this semiconductor shortage, as it may avoid the international market.

Melfi has been stopped its production since mid-August, which includes a two-week summer holiday period. Stellantis reiterated the semiconductor shortage was affecting the whole automotive industry. The carmaker said in a statement that from the beginning of this coronavirus pandemic, they are driving their activity daily, plant by plant, by adapting their industrial activity to the automotive market trends, and by taking into account the different situations that they are facing.

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Global economies struggle as oil supplies tighten, volatile stakes

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