Three Things in Stellantis News Relating to Citroën
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 Profitability Beats First Year Target
“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.
Will Citroën Survive in China?
With Stellantis applying cost reductions in China, it remains to be seen if Citroën will stay as a brand there.