Stellantis trembles, is the end near? The boss’s announcement about the future arrives

The manager of the Stellantis group makes an announcement about the future that scares everyone. Here’s what you need to do quickly.

The car market is experiencing a recovery phase after very complicated years, and the group Stellantis he is one of the most talked about on the world scene, but also in Italy. Tensions with the Government have characterized the last periodand the seizure by the authorities of Fiat Mickey Mouse at the port of Livorno did not help calm the waters. However, in recent days good news has emerged for Mirafiori, where the Fiat 500 Hybrid.

Stellantis CEO Carlos Tavares (ANSA) – FlopGear.it

Therefore, between Stellantis and our executive there is evidence of détente, and it is now clear that everyone must row in the same direction, to try to fight a common “enemy”. We are obviously talking about China, which has a great advantage in electric cars, and which has suffered several criticisms for its ability to keep sales prices low. The boss of the Dutch multinational holding company has spoken clearly.

Stellantis, Tavares and the great Chinese threat

China is the great rival of global brands, given the great advantage it has accumulated on electric cars. Carlos TavaresCEO of Stellantis understood that China must be fought and not limitedsomething also declared by his counterpart in Ferrarithat is to say Benedetto Vigna. Speaking to the press, the Portuguese manager portrayed an advantageous situation for the country of the Dragon, on which a lot of ground needs to be recovered.

Carlos Tavares threatens China
Carlos Tavares in press conference (ANSA) – FlopGear.it

Here are his words: “Against China we have two choices in front of us, which are protectionism or fight. Europe has chosen the first path, but I don’t agree with it, and I think it’s just impoverishment. If you don’t compete for wealth in today’s world, you become poorerand maybe you don’t do it because someone tells you not to“.

The CEO of Stellantis has a clear vision of what needs to be done to try to fight the Chinese offensive: “From my point of view, It’s a race that’s going on, and if you don’t compete, someone else will win. I think it is madness to tell European citizens not to fight because someone will protect them. We have to chase the Chinese, the race has already begun. At the moment, they have a nice advantage, 30% on costs alone. Ours will be very hard work“.

 
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