TURIN — Stellantis expects to be able to source microchips from Europe and the U.S. within three to four years, CEO Carlos Tavares told a news conference on Thursday.
Tavares said the company had “lots of initiatives” in place to develop more local sourcing of semiconductors after shortages of imports from Asia weighed on the industry over the past year or so.
The news conference came after Tavares met local unions and assured them about the future of the automaker’s Italian operations.
Tavares said none of the automaker’s Italian factories would be shut down. He said the sites would be transformed rather than closed, according to the Fim Cisl union.
Related Posts
Denial of responsibility! TechnoCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.
