Reported 10 months ago
Stellantis CEO Carlos Tavares expressed dissatisfaction with some U.S. plant operations and took responsibility for not addressing issues promptly, including inventory backup and a suboptimal marketing strategy, leading to lower shipments and revenues. Tavares acknowledged the need for immediate action and a task force to address these challenges during an investor conference, emphasizing the importance of fixing plant inefficiencies and competing with Chinese EVs by focusing on a multi-energy platform strategy.
Source: YAHOO