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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 […]

Business

In five years, India is expected to surpass global markets and rank second only to France, according to Citroen CEO Thierry Koskas

India is on the brink of becoming a major player in the automotive industry, with Citroen’s CEO Thierry Koskas predicting the country will emerge as the second-largest market for the French automaker within the next five years. This ambitious projection underscores the company’s commitment to expanding its footprint in India, a market that is rapidly […]

Lucid CEO Highlights Global Auto and Clean Energy Summits of Importance

The CEO of Lucid Motors, a pioneer in electric vehicle technology, is set to deliver keynote addresses at two prestigious global conferences: the Deutsche Bank Global Auto Industry Conference and the Evercore ISI Global Clean Energy & Transitions Summit. These speaking engagements underscore Lucid’s prominence in both the automotive and clean energy sectors. At the […]