Stellantis CEO Pans Suppliers After Signing Foxconn Deal
- Jeep maker reaches preliminary accord for semiconductors
- CEO Tavares says industry has limited visibility on supply
Carlos Tavares
Photographer: Marlene Awaad/BloombergThis article is for subscribers only.
The ongoing chip crisis has fractured relationships between automakers and top-tier suppliers that failed to secure semiconductors for their customers, according to the head of the world’s fourth-largest automaker.
Carmakers still have only a hazy view of chip supplies for the coming two years, and that’s pushing them to look elsewhere to solve supply-chain headaches, Stellantis NV Chief Executive Officer Carlos Tavares said Tuesday.