Stellantis CEO Tavares’ 2022 pay fell 14% to $15.7 million US.
That’s over $1.3 million US a month that Tavares receives for his role as Stellantis’ CEO.
Cobée out — Koskas in as Citroën CEO
Thierry Koskas will also continue in his role as Stellantis’ Chief Sales & Marketing Officer.
Stellantis Announces New Sales Strategy for France
The company’s “New Retailer Model”, is currently in the final stages of discussions between the parties involved.
Stellantis to Build Air Taxis — Harken Back to Citroën’s Aviation History…
Stellantis announced it will manufacture an electric air taxi with Archer Aviation.
The Citroën Factor in Stellantis’ Future
A few factors that give some indication as to the future of Citroën within Stellantis.
Stellantis Bets on H2 for Commercial Vehicle Future
Investing in Symbio will aid in the company’s hydrogen roll-out plans in Europe and in the USA.
Stellantis Looks to India Rather than China for Citroën Growth
If India, with its low-cost supplier base, is able to meet the company’s quality and cost targets by the end of 2023, it could open the door to exporting EVs to other markets
Carlos Tavares Calls for EU to Soften 2035 Fossil-fuel Car Ban
“The dogmatic decision that was taken to ban the sale of thermal vehicles in 2035 has social consequences that are not manageable.”
Carlos Tavares Mulls Stellantis Ending Production in China
Tavares stated; “The red carpet is rolled out for Chinese manufacturers in Europe, and that’s not how we’re welcomed in China.”
Stellantis to Buy Back Shares Worth $920 Million from General Motors
GM was issued these warrants by Peugeot SA in 2017 as part of the sale of its Opel-Vauxhall business.