The company’s strategy appears to be a dual alternate energy approach.
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 executive team announced on Jan. 19,2021.
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.
Internal combustion fossil fuel engines are no longer in development at Citroën, or anywhere else within PSA.
With Stellantis applying cost reductions in China, it remains to be seen if Citroën will stay as a brand there.
Groupe PSA and Fiat Chrysler Automobiles have unveiled the logo of their merged 50/50 venture they have officially named Stellantis.