Reported about 5 hours ago
Stellantis CEO Carlos Tavares announced that the company is making progress in addressing its sales decline in the U.S. after a challenging year marked by poor performance and management changes. Despite facing significant obstacles, including high dealer inventory and shifting market demands for more affordable vehicles, Tavares remains optimistic about a turnaround, emphasizing a need for product strategy adjustments and a focus on profitability. He also acknowledges the ongoing labor disputes and the necessity to consider all options in the company's restructuring efforts.
Source: YAHOO