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.
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 unveils strategic plan to 2030 with little mention of Citroën
Stellantis CEO Carlos Tavares presented his strategic plan for the company to 2030, but only once was there specific mention of Citroën.
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.
Carlos Tavares Says Electrification is Being Advanced by Politicians, Not the Industry
Stellantis CEO Carlos Tavares stated some plain and refreshing truth this week about the automotive industry’s move to electrification.
DS Automobiles shows its Formula E at CES
At the 2022 Consumer Electronics Show in Las Vegas, DS Automobiles showed off its Formula E World Championship DS E-TENSE FE21.
Stellantis to Maintain DS Brand in China Despite Disappointing Sales
DS Automobiles will keep selling cars in China and next year will unveil a new plan to boost disappointing sales.