Fiat Chrysler To Shut Serbia Plant As Covid-19-Shock Paralyzes Global Supply Chains

The next phase of the supply chain chaos is to spread to regions that are overly reliant on Chinese parts for assembly, such as a Fiat Chrysler Automobiles NV plant in Serbia.

Bloomberg reports Friday morning that the plant is expected to halt operations of its assembly line because of the lack of parts from China as the Covid-19 outbreak worsens.

 

 

 

 

https://www.zerohedge.com/markets/fiat-chrysler-shut-serbia-plant-covid-19-shock-paralyzes-global-supply-chains