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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16867335" data-attributes="member: 137766"><p>So, if all the existing and new carmakers in the world are ramping up production of EV cars, and those cars need twice as many chips for auto's than ICE, how many years does it take the chip supply chain to catch up? </p><p></p><h3><a href="https://seekingalpha.com/news/3926267-stellantis-to-pause-production-at-italian-plant-amid-parts-shortage-reuters?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">Stellantis to pause production at Italian plant amid parts shortage - Reuters</a></h3><p><a href="https://seekingalpha.com/symbol/STLA?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">STLA -0.98%</a>Jan. 20, 2023 7:27 AM ET</p><p></p><p>Stellantis (NYSE:<a href="https://seekingalpha.com/symbol/STLA" target="_blank">STLA</a>) is due to pause production at a southeastern Italian plant due to persistent supply chain problems, according to Reuters.</p><p></p><p>The outlet reported that work stoppages are due to commence in the coming week as the automaker runs short on parts necessary for production. Union officials <a href="https://www.reuters.com/business/autos-transportation/stellantis-halt-italian-van-plant-next-week-due-parts-shortage-unions-say-2023-01-20/" target="_blank">told Reuters</a> that chip shortages in particular are holding up production. The length of the pause is unclear at this time.</p><p></p><p>The Atessa plant, set to pause production next week, is the largest van manufacturing plant in Europe.</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16867335, member: 137766"] So, if all the existing and new carmakers in the world are ramping up production of EV cars, and those cars need twice as many chips for auto's than ICE, how many years does it take the chip supply chain to catch up? [HEADING=2][URL='https://seekingalpha.com/news/3926267-stellantis-to-pause-production-at-italian-plant-amid-parts-shortage-reuters?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']Stellantis to pause production at Italian plant amid parts shortage - Reuters[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/STLA?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']STLA -0.98%[/URL]Jan. 20, 2023 7:27 AM ET Stellantis (NYSE:[URL='https://seekingalpha.com/symbol/STLA']STLA[/URL]) is due to pause production at a southeastern Italian plant due to persistent supply chain problems, according to Reuters. The outlet reported that work stoppages are due to commence in the coming week as the automaker runs short on parts necessary for production. Union officials [URL='https://www.reuters.com/business/autos-transportation/stellantis-halt-italian-van-plant-next-week-due-parts-shortage-unions-say-2023-01-20/']told Reuters[/URL] that chip shortages in particular are holding up production. The length of the pause is unclear at this time. The Atessa plant, set to pause production next week, is the largest van manufacturing plant in Europe. [/QUOTE]
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Frying Pan Into the Fire -- Chip Shortage
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