• Stellantis CFO: Chip shortage impact remains 'controlled'

    7 days ago - By Chron

    MILAN - The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in first-quarter revenues, despite a drop in production due to the semiconductor shortage.
    Stellantis revenues for the first three months of 2021 were 36.9 million euros, compared with 32.4 million euros in the first three quarters of last year. The merger became formal on Jan. 17, 2021, creating the world's fourth-largest carmaker, and the figures take into account the individual performances of Fiat Chrysler and PSA Peugeot in the preceding...
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