Global chip shortage will easily drag into 2022 -Stellantis CEO


FILE PHOTO: Carlos Tavares, when Chairman of the Managing Board of Groupe PSA, speaks during a presentation during the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 6, 2018. REUTERS/Denis Balibouse/File Photo

DETROIT (Reuters) -The global semiconductor chip shortage that has hit automakers around the world and constrained vehicle production will easily drag into next year, the chief executive of the world's No. 4 automaker, Stellantis, said on Wednesday.

The comments by Carlos Tavares at an Automotive Press Association event in Detroit echoed those made by Daimler AG earlier in the day.

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