Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Stellantis stores cars in old French airfield amid delivery logjam - sources

Published 11/23/2022, 06:20 AM
Updated 11/23/2022, 06:25 AM
© Reuters. The logo of Stellantis is seen on a company's building in Velizy-Villacoublay near Paris, France, February 23, 2022. REUTERS/Gonzalo Fuentes

By Gilles Guillaume

PARIS (Reuters) - Stellantis is using an abandoned airfield in eastern France to store cars that are ready for delivery but cannot be shipped or kept at its Sochaux factory due to unprecedented logistical issues, two sources told Reuters.

Carmakers across Europe are struggling to make shipments with a lack of truck drivers and a shortage of truck and train capacity under the combined effect of the war in Ukraine and the aftermath of the COVID-19 pandemic.

With several thousands of cars waiting to be sent from Sochaux, which produces bestsellers Peugeot (OTC:PUGOY) 3008 and 5008, Stellantis has turned to an unusual solution by using a former military airfield at Lure-Malbouhans, some 40 kilometres (25 miles) away, to store them temporarily, the sources said.

"This disused airfield is now steadily used for storage of cars produced in Sochaux," one of the sources said.

A spokesperson for the manufacturer said it was "securing additional spaces and surfaces for the storage of cars" but declined to details.

A union source said Stellantis produces about 1,100 cars per day but only has the capacity to ship about 800.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.