Stellantis Reports Belvidere Outage, Market Expects Chip Shortage Through 2023

Stellantis, Chrysler’s European parent company, is the latest domestic carmaker to halt production due to the semiconductor shortage, a spokeswoman told Steel Market Update (SMU).

AutoAssembly2 The Auburn Hills, Mich.-based automaker will pause production of some high-demand SUVs the week of May 9. The Belvidere, Ill., assembly plant, which makes the Jeep Cherokee SUV, has seen downtime multiple times this year due to the chip shortage, most recently a two-week outage in early March.

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

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