Stellantis boss expects chip supply to remain ‘complicated’ until end 2023

The head of carmaker Stellantis, Carlos Tavares, expects the semiconductor supply chain to remain tight until the end of next year, he said in an interview published on Sunday in French newspaper Le Parisien.

“The situation will remain very complicated until the end of 2023, then will ease a little,” said Tavares, adding that “semiconductor manufacturers have an interest in making business with us again, especially as they’re raising prices”.