Business · Companies · 7 hrs ago
Stellantis Shares Fall as Chip Shortage Disrupts Fiat Output in Italy
A supplier chip shortage is disrupting Fiat production in Italy, according to reports.
Fiat is part of Stellantis, the global automaker whose shares fell 5.19% to $4.47 on Nov.
3.
The shortage may continue through December, according to Reuters.
Last week, Stellantis reaffirmed its 2026 guidance and said its positive free cash flow expectations for 2027 were unchanged.
It is unclear whether those expectations account for the production disruption, which could affect output volumes.
Investors will be watching whether Stellantis cuts its production estimates because of the shortage.
Stellantis shares fell 5.19% on Nov. 3, closing at $4.47.
A reported chip shortage at a supplier was hampering Fiat production in Italy.
Reuters reported that the disruption might last through December.
Stellantis reaffirmed its 2026 guidance in its third-quarter report the previous week.
Investors were watching whether the shortage would lead to production estimate cuts.
- Who
- Stellantis and its Fiat operations.
- What
- A supplier chip shortage was disrupting Fiat production in Italy, while Stellantis shares fell.
- When
- The share decline was on Nov. 3, 2026. Reuters reported the shortage on Nov. 2.
- Where
- Fiat production in Italy.
- Why
- A chip shortage at a supplier was hampering production.
This story does not have two clearly opposing sides.
Reuters reported that a supplier chip shortage was disrupting Fiat output in Italy and might last through December.
Stellantis shares closed at $4.47, down 5.19%.
- Share price
- $4.47 at the Nov. 3 close
- Daily change
- Down 5.19%
- Affected production
- Fiat output in Italy
- Reported duration
- May last through December
- Guidance
- Stellantis reaffirmed its 2026 guidance in its third-quarter report