Knight will be based in the Auburn Hills, Michigan.
That’s over $1.3 million US a month that Tavares receives for his role as Stellantis’ CEO.
Thierry Koskas will also continue in his role as Stellantis’ Chief Sales & Marketing Officer.
A few factors that give some indication as to the future of Citroën within Stellantis.
Investing in Symbio will aid in the company’s hydrogen roll-out plans in Europe and in the USA.
“The dogmatic decision that was taken to ban the sale of thermal vehicles in 2035 has social consequences that are not manageable.”
Tavares stated; “The red carpet is rolled out for Chinese manufacturers in Europe, and that’s not how we’re welcomed in China.”
With Stellantis reporting revenues up 12% in Q1 2022, three other things the company announced this month may provide some insight into the future of the Citroën brand.:
Stellantis CEO Carlos Tavares presented his strategic plan for the company to 2030, but only once was there specific mention of Citroën.
“Record results prove that Stellantis is well positioned to deliver strong performance, even in the most uncertain market environments,” Chief Executive Carlos Tavares said in a statement today.