Stellantis CEO Carlos Tavares Admits Strategic Missteps in U.S. Market
Blames Excess Inventory, Manufacturing Issues, And Lack Of Market Sophistication...
In a candid interview with Fortune magazine, Carlos Tavares, the CEO of Stellantis, he openly admitted to strategic errors affecting the automaker’s performance in the U.S. market. Stellantis, the parent company of brands like Fiat, Chrysler, and Jeep®, has been grappling with several challenges, including declining sales and stalled inventory, leading to a shrinking market share in the U.S.
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