Does the need for government revenue take precedent over the hardship such measures, if successful, will have on France’s automobile manufacturing sector? It would seem so…
This gives each brand about one-and-a-half to two product cycles to see if their ideas are taking hold, and more important — profitable to the company.
“We will not need to call on European CO2 credits and FCA will no longer have to pool with Tesla or anyone.”
The possibility that Stellantis will ever bring back Citroën to the North American market is further diminished by today’s announcement.
For the fourth quarter of 2020, Stellantis has managed make a profit despite falling sales.
Stellantis shares rise 8% on their European market debut.
A momentous day for Stellaantis and Carlos Tavares, its CEO, January 4, 2021 may also prove to be the day that casts the future for Citroën.
Mike Manley’s role in Stellantis poses an interesting question about Carlos Tavares’ action appointing Larry Dominique, in April 2017, as senior vice president for PSA North America.
Citroën Heritage announces preferred partnership with CQS Classics.
Internal combustion fossil fuel engines are no longer in development at Citroën, or anywhere else within PSA.