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Business

The CEO of Stellantis pledges to take on Chinese EVs head-on and acknowledges US setbacks

In a recent statement, Stellantis CEO Carlos Tavares acknowledged the company’s struggles in its U.S. operations, highlighting several challenges that have hindered its performance in the American market. Tavares pointed to issues such as inefficient production processes, supply chain disruptions, and intense competition as key factors that have affected Stellantis’ market position. Despite these setbacks, […]

Business

The Italian PM calls the remarks made by the CEO of Stellantis on subsidies “bizarre”

In a surprising turn of events, Italian Prime Minister Giorgia Meloni has publicly criticized the recent comments made by Stellantis CEO Carlos Tavares regarding government subsidies. Describing Tavares’ remarks as “bizarre,” Meloni’s response highlights the growing tension between the Italian government and one of the world’s largest automotive manufacturers. This controversy comes at a crucial […]