Stellantis said the decision was needed to manage output levels to better align with sales as it works to cull a stockpile of unsold vehicles.

The automotive supply chain has never been more challenging. From the rapid shift to electric vehicles and skyrocketing costs to raw material shortages, geopolitical tensions, and volatile market demands, suppliers face pressures that can define their success or failure.

Online sales of Breitling watches increased by 20% in the U.S. the month after the program was introduced, and online sales revenue increased by 15% to 30%.