The new group, formed from the merger of PSA and Fiat Chrysler, will focus on “existing brands” in North America such as Jeep and Ram, a spokesman said.
The semiconductor factory, or wafer fab, in Germany is expected to start operations this year amid a global chip shortage that has affected global auto production.
Automakers appear to have minimized the production impact on their most profitable vehicles during the global microchip shortage. Here’s the latest data from AutoForecast Solutions.
Volvo dealers on edge over digital retail plan for EVs