Stellantis

Stellantis CEO cites ‘arrogant’ mistakes in US market

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Stellantis CEO Carlos Tavares spoke to investors and reporters Thursday at an event at the automaker's North American headquarters in Auburn Hills.

Auburn Hills — Stellantis NV CEO Carlos Tavares said Thursday that his company was “arrogant” when it failed to react quickly to a convergence of several problems in the United States in recent months, including production issues and balloon inventories . “When I say we were arrogant, I’m talking about myself. No one else. I’m … Read more

Stellantis achieved $9 billion in cost savings from the merger

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Stellantis CEO Carlos Tavares speaks to the media on June 13, 2024 after the company’s investor day at its North American headquarters in Auburn Hills, Mich. Michael Wayland/CNBC AUBURN HILLS, Mich. Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by him and the company in the automaker’s U.S. operations that led … Read more