Stellantis CEO: All our brands get a chance, China options open

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Carlos Tavares said he was “very confident” of delivering its planned €5 billion (RM25bil) of synergies, including 80% within four years. .

MILAN: Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, will give all its 14 brands a chance at success and keep all options on the table for revitalising its struggling Chinese business, it top executive said on Tuesday.

The merger, completed on Saturday, has created the world’s fourth-biggest carmaker to help make the switch to the new era of electrification and automated driving. Tavares said the task force of Stellantis’ top five executives would work on solutions for a comeback there. However, he said Stellantis would likely decide in the next few weeks whether to make a fresh investment in Britain, and in its Ellesmere Port plant in particular, in an early test for both the carmaker and the Brexit trade deal.

 

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Aku ingat Carlos Teves.... Striker MU dulu. Asal pulak Tevez nak cakap pasal ekonomi.

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