Stellantis CEO Admits Arrogance Led to Sales Decline in the U.S.

Reported 7 months ago

Carlos Tavares, Stellantis CEO, acknowledged his arrogance as the reason behind the failure to address three issues causing a significant sales drop in the U.S. market. The automaker, comprising Fiat, Chrysler, and Jeep, faced declining sales, inventory issues, and market penetration challenges. Tavares admitted the company's shortcomings and the need for a task force to handle the problems efficiently, emphasizing the importance of recognizing and addressing issues promptly to prevent further decline.

Source: YAHOO

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