Stellantis has outlined a £25 billion electrification strategy, which includes switching Vauxhall to an EV-only brand by 2028.
The semiconductor shortage has forced Daimler and Volkswagen to cut the working hours at some of their plants.
The fleet industry is facing longer lead times for new cars and vans as manufacturers struggle to cope with the global semiconductor shortage.
BMW makes biggest reduction, lopping almost £7,500 off sportier versions of its i3 model.
Stellantis has appointed Alison Jones as country manager UK and senior vice-president for Peugeot, Citroen, DS Automobiles, Fiat, Fiat Professional, Abarth, Jeep and Alfa Romeo.
Vauxhall’s Ellesmere Port plant faces a risk of closure as parent company Stellantis weighs up its options in light of the Government’s decision to end the sale of new petrol and diesel cars by 2030.
Vauxhall Motors has named Paul Willcox as its new managing director following Stephen Norman’s appointment to Opel/Vauxhall worldwide.
The merger of PSA Group and Fiat Chrysler Automobiles (FCA) has been approved by shareholders from both companies.
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