Automotive News Updates

Stellantis CEO: ‘I am not right here to destroy’

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Jeep sells nearly as many autos day by day within the U.S. because the Fiat model is on observe to promote in all of 2021.

However Stellantis CEO Carlos Tavares insists he is not able to throw within the towel on Fiat in North America, nor will he impulsively kill any of the opposite 13 manufacturers within the firm’s bulging portfolio.

“Most of those manufacturers are multiple century previous,” he instructed reporters throughout a go to to Detroit final week. “I am not right here to destroy. I am right here to construct.”

Of these offered stateside, Fiat is most troubled, having fallen from greater than 46,000 gross sales in 2014 to only 2,107 by means of 9 months of this 12 months.


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