Stellantis CEO warns of more auto plant closures
By Joseph White and Aishwarya Nair (Reuters) -Chrysler parent Stellantis NV Chief Executive Officer Carlos Tavares said on Thursday that more auto plant closures will happen if high prices for electric vehicles (EV) cause vehicle markets to shrink from pre-pandemic levels. Automakers will risk losing pricing power as chip supplies recover, Tavares said at the …
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