Stellantis CEO Says ‘No Taboos’ on Brands as Profit Falls

Stellantis CEO Carlos Tavares discusses the automaker’s first-half results saying, “there is no taboo” when it comes to the future of individual brands. He discusses the industry’s transition to electric vehicles and competition from Chinese EV makers in Europe.
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[@markbain9290]

The auto industry is in perpetual cost cutting mode, except for CEO pay...

[@reserva120]

Low quality and stupid high prices..

[@blakaeg]

Nothing low quality about their products!! Sounds like you have never owned one and just go by old reputation of the brand in 80s 90s.

[@garydavis1528]

@@blakaeg Reliability is poor in too many of the brands making them junk in reality. Failed, failing group of companies that came together to share non cutting edge technology to try and cut costs and survive which they are not.

[@redlineste4283]

@@blakaeg nothing low quality. That's hilarious. 1.2 puretech engine is crap.

[@wakamakulet]

​@@blakaeg very poor quality

[@oldowleye3161]

@@reserva120 … peugeaut is good quality … opel also

[@henrymiecz8566]

Absolutely no mention of reliability in this entire interview. I heard performance, I heard excitement. I heard NOTHING about reliability. That's why I will never buy Stellantis again.

[@miks564]

Reliability used to depend on the brand. And within the brand, it varies with the type of engine and transmission. I have no experience with the American brands of the group, but the European brands, specially the ones from the old Fiat group have been good. Now that they're all going to share same platforms, same tech, we will have to see how that plays out. It's a different game, different formula, different results. Reliability is not something "fixed within a brand". That's perhaps the mind set of the customers, not reality. For instance, VW used to be very reliable 50 years ago, but then they kind of lost their way 20+ years ago.

[@14energy]

Lately all eu car companies quality are crap

[@miks564]

@@14energy That’s a crappy comment. 😊

[@OOpSjm]

Reliability doesn't help long-term parts revenue 😊

[@miks564]

@@OOpSjm I’ve been using mostly Fiat and Alfa Romeo cars for the past 30 years with very few to none replacement parts needed. I’m used to yearly maintenance, nothing more. Reliability is a myth perpetuated by non owners. I have very little experience with other brands of the group, though.

[@rogerrussell9544]

Big companies can collapse if subjected to horrible leadership. Stellantis is no different.

[@miks564]

That's clearly not the case here.

[@msallies]

But he gave himself a $30 million dollar raise so he must think he's good.

[@miks564]

@@msallies He can't do that. He's the CEO, not the owner. So, he's basically, an employee. If he got that raise, it's because it has been approved by the stake holders, not because he raised himself in that amount.

[@rogerrussell9544]

@@miks564 It's becoming the case, quarter by quarter as sales tank.

[@miks564]

@@rogerrussell9544 Well, I can't argue with the numbers. I can't argue with the bad choice of engines for the smaller city cars and I'm not fond of one size feats all approach (I guess they're 4) but VAG is very successful with it. Even SUVs that are basically VW platforms with Audi engines assembled and fine tuned by Porsche sell like hotcakes. So I suspect it's going to keep going down hill for a few more years. But the guy is smart, I hope he can turn around the company quickly. There are a lot of historical brands in the group that deserve better success.

[@robertn2951]

Tavares needs to get fired.

[@stickynorth]

Along with Elon and Mary Barra. These people aren't geniuses... They are middle managers with ego complexes and few good ideas...

[@NicolaDiNisio]

Why?

[@tspidey007]

@@NicolaDiNisio Why??? He’s running Chrysler, Dodge, Jeep, and Ram into the ground. Since he took over, every Stellantis brand has been going downhill. He’s a horrible leader and manager.

[@robertn2951]

@@NicolaDiNisio Because Stellantis are losing sales. At this pace they will have lost all of the market in North America.

[@xamoxamo]

He has destroyed the trust of thousands of small Peugeot and Citroen garages in Europe. Stellantis has passed on the problems with the 3-cylinder engine to the garages. In addition, it has made the guarantee process more difficult. Stellantis has also dug its own grave. There are families who have a tradition of buying Peugeot or Citroen, but they were forced to buy Toyota.

[@RTmuscle_]

Wasn’t it the RAM and Jeep that are under FBI investigation for poor quality and safety issues? The guy killed V8s. That was the only thing Americans liked about this brand.

[@miks564]

Only a few consider V8s at this date in time. Wanting and buying are two different things. We all prefer the cars - any model - with the more powerful engines and not necessarily V8s, they could be V6, EVs or whatever. ...but selling numbers go for the weakest because they're cheaper.

[@Lwpi20]

He killed Citroen and Chrysler.

[@thevinceberry]

People still alot of Dodge and Jeep from Detroit plants, I don't know how much they lose a year from that, Ford lose like 2M a year i think.

Dude what??? He didn't kill V8's. Those were going away no matter what. Whether anyone likes it or not, EVs are coming. Don't you even know how Stellantis came to be???

[@AnotherMartinez]

Crappie Jeeps for $100K and above tells you what is wrong with this company

[@Atomwaffen-y3s]

They’re Fiats.

[@miks564]

@@Atomwaffen-y3s No, they’re not. Fiat only produces small city vehicles for many years. Only the small Renegade and Compass are built on Fiat platforms, and so far, they’ve been good.

[@roman9762]

Actually just got back from a trip where I rented a Wrangler and they gave me the hybrid. It was not bad, I would totally buy it if it wasn't like 65K.

[@kenyokiel493]

The guy couldn't manage a lemonade stand.

[@johnbeckham1483]

As an American auto consumer I am apalled how badly Tavares is treating Chrysler, Dodge, Jeep, & Ram! Inflation is severely hurting the car industry! The EV is essentially dead on arrivall!

[@lafosh7234]

This is not inflation hurting dodge it’s greedy out of touch CEO’s like taveres..

[@bluesman7475]

This guy could not run a lemonade stand much less an auto company. First, rule of business is know who your customer is. .he has no clue about the market in the USA. Second rule is sell a good product, he has cheapened the product to the point it is not functional. Note the recalls! Third rule is price the product competitively. He has continued to raise prices to the point that no one will buy his cars. Fire this guy yesterday or the 48% drop in revenue will go to 78% by year end.

[@Irishfan]

@bluesman7475 you sir are correct. In the US, consumers should support only traditional US brands. Consumers in the US should demand the quality at minimum that the US cars manufacturers produced at it's best period. Prices must be competitive.

[@josephacevedo8376]

Tavares is so focused on EV's that he still doesn't see that most Americans do not want EV's. We want gas powered vehicles. We don't want anymore Dodge Hornet failures.

[@miks564]

How come he doesn't see? He just said EVs is what politicians want, not the consumer. ... at least not at the price manufactures are able to produce them for the moment.

[@tokarp390]

@@miks564 EVs from Hyundai/Tesla/BMW/Porshe/Audi/MG//Dacia are well accepted

[@OOpSjm]

50% of the conversation was him explaining the market problems with EV

[@miks564]

@@tokarp390 Maybe yes for Dacia due to price, maybe also for Porsche because of the brand. Most others are seeing sales slowing down. But I’m not far from that idea. If I was going for an EV, I would only go for a Tesla.

[@JayDee-b5u]

@@tokarp390 not really. VW/Porsche is losing their rear ends on evs.

[@SweetNeoCon407]

They hike prices by over 50% over the last few years, then they wonder why they can't move inventory. He needs to step down.

[@stickynorth]

Bingo! Greedflation is caused by corporate whores like him...

[@stickynorth]

Don't blame Biden when idiots like this are setting the prices...

[@damonkatos4271]

I’ll take a $30k pickup for $100k please 😂

[@msallies]

That's how delusional this guy is.

[@Solid_Snake99]

Ram trucks are lovely but expensive, greetings from italy

[@damonkatos4271]

@@msallies my last truck was a 2002 Tundra for $25k. I live in Dallas Texas and there’s millions of these new super expensive rolling office sofas on the road. About 90% of them never get used as a hauler. It’s insane.

[@corrosivedevourer]

This fraud Tavares gets paid $30 million a year

[@damonkatos4271]

@@corrosivedevourer seems to be the going rate. Thats about $15k and hour btw. Ain’t no one worth that.

[@KoDeMondo]

Carlos Please wake up nobody want EV cars!

[@Don-ul6rx]

The biggest issue with Stellantis and Tavares touched on this, is the E.V. requirement and the cost of their vehicles. Stellantis does not have any affordable entry level vehicles. They have a ton of small vehicles in every market other then America and Canada. When a young consumer does not have an affordable option they will go elsewhere and if they like that vehicle they will buy a higher priced vehicle from that manufacture. Until they fix this i do not see Stellantis growing in North America.

[@miks564]

The US has never been a great consumer of small city cars... Those are the affordable ones.

[@kenzellio]

@@miks564do you even live in the U.S?😂

[@kenzellio]

@@miks564the Toyota Corolla is the highest selling car in the U.S

[@miks564]

@@kenzellio…at some point the Corolla was surpassed in sales by the F150.

[@ernestoross]

Carlos resign!

[@rockhayes2641]

Keep them stupid high prices and go out of business soon.

[@MARTINA-gc3tq]

See what happens when the market place is ignored and the governments impose buying dictates on the population.

[@robertn2951]

EV sales are rising everywhere, but Stellantis has no products to sell. In North America they only sell Fiat 500e, and no one buys it.

[@MARTINA-gc3tq]

@@robertn2951 I believe that the sats actually show EV sales have plateaued and the trade in used EVs has collapsed.

[@henrymiecz8566]

@@robertn2951 No they aren't. Is that why EVERY automaker is backtracking on EV's because they are SO SUCCESSFUL???

[@robertn2951]

@@henrymiecz8566 Every western carmaker is hoping for tariffs because they can't compete with Chinese EVs. EV sales are growing all over the world, at a slower pace, but still growing. China is already the biggest car exporter. They sell in Africa, Brazil, Mexico, Russia, the Gulf States, South East Asia. They are bulldozing their way through the markets. The Western automakers desperately want tariffs to be shielded. It's like wanting tariffs in order to keep computers out and to protect the local market of mechanical typewriting machines. Electric is the future and should be encouraged in every way. Germany has abolished subsides for electric cars, while the global market for EVs is growing everywhere. ICE cars are to EVs what typewriters are to computers, or what Nokias are to smartphones. It's a losing game defending them. What is Nokia doing these days?

[@IceAce1]

​@@robertn2951fun fact: The first fiat 500e line up was sold in California, to meet local emission mix, and did indeed not meet demand. Some of those cars were re-imported to the EU, because Fiat stopped production early and buyers were eager to get small city EVs.

[@Captainboomful]

This guy is so out of touch. He laid out no plans for improvement. 30 mins of bs.

[@clivetutton4519]

It isn't only the cost of the battery powered cars that prevents me from buying a battery powered car.....

[@stickynorth]

Despite the drops in battery costs, consumers aren't seeing the savings passed onto the future battery replacement packs and that's a crime!

[@drscopeify]

Well it is the future so its coming. Keep in mind the price of fuel is only cheap becasue of Fracking but if you understand that Fracking is short term, it will be gone in 10-20 years you will see what is coming and that is CRAZY oil prices so better get ready for EVs. But here is the thing, in 10-20 years EVs will be awesome, as good as gas in every aspect you will not even notice a difference. The more EVs get sold, the cheaper and better they will get.

[@2easy007]

@@drscopeifyYeah, okay!! 😂

[@MrRaitzi]

There is not a single reliable brand under this umbrella. You need to really want the car if you know they are not as good as Japanese.

[@tman4915]

If Carlos cares as he said make the customer happy then as someone who live in the US I can tell you we Americans are NOT happy with his leadership and lack of respect for our Chrysler brands. He over inflated our cars price with subpar quality that’s why sales are down in the US. Furthermore He’s trying to kill off our brands and he’s already said he’s cutting 30% of US jobs and has the nerve to sell off our Chrysler corporate office in Michigan. 😡 We don’t like him because our Chrysler brands needs to stay American so that means we should build and design our vehicles in our country not some rebadged European crap. Example the so called Dodge Hornet aka a rebadged Alfa made in Italy. WE DONT WANT IT! There’s a reason why Fiat and Pougot has failed dismally in our country in the past because we DONT want their products and we know the Europeans make junk cars. He doesn’t understand our country and our culture of what we love about our American car brands. If he had ANY respect for our country he would leave us alone and let the North American brand be ran by Americans who understand our market. It’s really that simple.

[@msallies]

Totally agree!

[@msallies]

His only solution is to cut US jobs.

[@josephsmith2063]

Well Americans ran Chrysler and then it went bankrupt! Then Sergio Marchionne from Fiat bought it, otherwise it was going to be dissolved and become history. I think Fiat did alot to save Chrysler and Jeep as if it was not for them they would no longer exist!

[@robertamoe8040]

100% truth!!!

[@B1970TBronze]

@@tman4915 FACTS!

[@69ChagerRT]

This guy just doesn't get it, EVs are not going to save this company. Its not all about the cost

[@markdc1145]

This guy is ruining Chrysler and ultimately Stellantis. Who can stop it?

[@drscopeify]

Chrysler mostly sold Sedans and no one wants to buy Sedans anymore. You have Jeep and RAM that's what sells.

[@fredericdodin3015]

I will never buy an EV!

[@roman9762]

Only said by boomers and the broke. Nothing wrong with them, they are just not affordable by the peasants.

[@Adam-uz3hj]

"I will never buy an automobile!" said a lot of horse owners once.

[@MRkriegs]

how old r u? 75?

[@roman9762]

@@MRkriegs right, the typical boomer response

[@OTruthz]

@@Adam-uz3hj They tried EVs back in the early 20th century and it didn't work...

[@filipporicotti9145]

I remember when Marchionne said in an interview that he would like anyone not to buy their electric cars since they were losing money…

[@thomasheitmann1804]

Michael Manley hatte Chrysler, vor allem Jeep, Dodge RAM gut entwickelt. Schade daß er weg ist. Vorher und danach ist es wieder das alte Krisenunternehmen.

[@stickynorth]

The only ones who are pushing hybrids are the partsmakers like Bosch because they admitted hybrid powertrains cost the most and breakdown the most. Great for them, not for consumers... This is why they are being pushed. BTW, that's a direct quote from a Bosch spokesperson on Autoline After Hours who also admitted they drive a Tesla... That's all you need to know!

[@drscopeify]

Hybrids sell as fast as they get on the lot just ask Toyota it is their bread and butter

[@janfswedane]

This is "Mr. Home Depot" Bob Nardelli all over again... I really miss Sergio (RIP), he was the epitome of a carmaker CEO... These former bank CEO's just show again and again that they do not understand the carmaking business..

[@xamoxamo]

Stellantis has destroyed 40 years of cooperation between Peugeot and Citroen workshops. Reducing margins and complicating the collection of guarantees. In addition to not providing a definitive solution to the PureTech engine in 10 years. Entire families only bought Peugeot or Citroen. Now they buy Toyota.

[@philfortner1805]

Stellantis must bring affordability to all vehicles again or their kapute in 12 months. Overflow lots will look like Mt Everest at this rate. A $80k decent pickup, $$120 loaded... that's just insane.

[@FlorentNoirot]

"good reliability, good appeal, good affordability...." Carlos, what about those puretech motors...known to be the opposite of reliable...yet you keep pushing them everywhere. An electic peugeot 308 priced within 2k of a Tesla model 3....is that good affordability? Talks a good game, the facts speak differently. Carlos will be out of a job within 12 months.

[@MarekWyandotte]

We don’t want EVs

[@michaelgibson-i6b]

The CEO understands the issues and I think he displayed that in this brief interview. I love his comment about the Italian government asking for 1MM in annual production and he responds, "then I need 1MM customers". It's all about trying to figure out what a customer wants and then finding a way to supply their needs. They are in one hell of a fight, and I wish them the best.

[@TimeisReel]

"If "Out of Touch" was a... Person " SMH 😄

[@Jb-mp1in]

Lol they raised prices 50% over the past 4 years

[@kaseyc5078]

Who will pay them high UAW wages otherwise!?

[@Jb-mp1in]

@@kaseyc5078 well there cars are priced out 100k pickups ? A 50k Durango with a hellcat engine 110k its crazy

[@drscopeify]

@@Jb-mp1in They have way cheaper than 100k pickups LOL.

[@thunder881]

New cars are too expensive here in Europe, they are not affordable even with subsidies. The strategy of making profits by just raising prices is not good for the long-term

[@i.am.ghost.]

From the moment he said that all of the brands are profitable...i stopped watching.

[@xexas3000]

In Europe, consummers want EV's. They just don't want YOUR ev's. There is a difference. We need cheaper cars overall, not just evs, but overall. Some models have gotten like 50% increase in price, what did you expect?!

[@miks564]

Although gas price is much higher in Europe, EV sales are also dropping.

[@mikedelicus]

@@miks564BMW +36% EV Sales in 2024, Volvo + 27%. It depends what the brands are offering.

[@USUG0]

No Taboos in not buying Stellantis products either

[@FlameBlue9016]

As long as Carlos is attached to anything I won’t be signing on anything.

[@GenerationTech]

The guy just bragged Opel survived wars… he means the wwii. Opel along with most German brands built parts and vehicles for the nazi war effort. This guy is such a clown 🤦‍♂️

[@nicoctane1669]

This guy has no business becoming CEO of brands that belong here in America.

[@scott7594]

This guy wants to charge $73k for a Ram with no Hemi...lol.

[@gdwlaw5549]

I will never forget when my Volvo dealer wouldn't take back my V70 with 160.000 kms in order to buy a new one. Ended my 12 year relationship with Volvo. The sales guy explained that Volvo wanted to concentrate on leasing with low mileage deals.

[@dirgsuite5546]

Stellantis loves competition when China is forced to pay 100% tariffs. Carlos Tavares states that he wants to fight but prefers not to have tariffs. Without tariffs the fight is already over.

[@FlorentNoirot]

the Italian government must be in some ways loving the sharp decrease in stock price....will make it cheaper to get a decent stake in the company

[@miks564]

...The biggest stakeholder is still the Agnelli family (Fiat founders)

[@EasyGo-v7s]

Stellantis might close factories in Italy, but I believe the unions won't allow that to happen.

[@deanstyles2567]

I'm in Australia and Stellantis brands are struggling...the total of all of their brands January-June sales combined is around 1% of the market. Combined the Stellantis brands would be 22nd.

[@yuglesstube]

And Chinese cars are appearing everywhere.

[@SSingh-ot3zm]

Big corporation thinks they are boss, until time comes 😅😅

[@msallies]

Let me help Carlos. Customers do not want to pay $20K more for a car in the same segment as a competitor. $20K for someone in the middle class is a lot of money. You will not be bringing in profits that you did during covid. He has cut over 90% US jobs so who is going to purchase his vehicles?

[@jamesmcguire990]

That is plain sad. That guy is no car guy.

[@radoslavdjurica1063]

I stumbled on news about ridiculously expensive Jeep/RAM recently, some models so expensive like entering Porsche territory. So this guy imagined he could rebrand Jeep/RAM like overnight and charge so. I am not into trucks but I know that much Jeep/RAM were always a bit lagging GM and Ford, but could offer tempting deals to stay afloat. And the guy doubled down on that, according to pricing and heritage, Jeep/RAM should be something like a Porsche experience with Toyota reliability (at least of recent past) to justify prices in terms of image to start with. In terms of sales that is not going to happen. And I doubt he managed to raise quality so much just based on the fact how long Japanese charged quite a bit less for decades as Japan after WW2 did not have a reputation for quality. At least he is right about EVs of now.

[@1Steson]

So he says some of the right things. Seems to understand the business, somewhat at least. Actions displayed by Stellantis in recent history, on the other hand, demonstrate a profound lack of understanding of the car business. Kill the Cherokee without a replacement planned? Kill the Charger & Challenger and replace them with electric cars? Huge price increases across the board? Has anybody in charge at that company ever even MET one of their customers? They function as if they are absolutely clueless. Kill the V8 when a huge percentage of their core buyers are "V8 only" people. Ford, GM, Toyota, etc continue to produce compliant V8s so they can't blame it on the EPA if they are actually telling the truth. These and many other corporate decisions are not just little miscues that could have been called either way & still been at least partially good decisions. As a former GM owner who transformed all our vehicles over to FCA vehicles a few years ago, I am transitioning back to GM as quickly as possible. Stellantis has zero chance of survival under this incompetent management team.

[@thomasheitmann1804]

Dodge and RAM = V 8 HEMI

[@thomasheitmann1804]

Maserati V 8 or V 12

[@thomasheitmann1804]

Früher hat alleine Peugeot Citroën an die 4 Mio. Fahrzeuge im Jahr verkauft

[@thomasheitmann1804]

Ich möchte ein Peugeot Stoffdachcabriolet wie mein Peugeot 306 Cabrio

[@thomasheitmann1804]

Kann Jeep, RAM, Dodge und Chrysler gut verkauft werden ?

[@vijjreddy]

there is absolutely no chance to be any where near competitive to EVs from China...I wonder whether europeans can become competitive even at 100% tariff for cars from china...

[@ycaglaya]

Chinese are not that competitive at all in Europe. Even BYD pricing is at least 20% to high. Nio needs cut of 50% at least. Chinese competitiveness is overrated at this point in time...

[@rustystone6906]

It's awesome how he blames everybody else for the mistakes he has made.

[@AuralioCabal-nl8gi]

You cant say Profits and Reliability and affordability when it comes to Stelllantis or Detroit- Dodge/ Chrysler/Jeep., and Unions are part of that problem.

[@gdfph]

This man is the highest paid gravedigger in the history.

[@Fredpianist]

Definitely it's everybody's responsibility except the smartest CEO...What a joke.

[@MrHemikid426]

This guy doesn't understand that here in the United States, we do not want your BS EV cars. Also, we do not want to overpay for trucks or cars. Also, the Chinese vehicles are EV, and if the cost is low, it doesn't mean that they will sell well. I see more Chinese EV vehicles catch fire then domestic ones.

[@nightie416]

If a jeep wasn't 100k and was more around 60k they would have this problem. Plus dealer ain't dealing. They are holding on to vehicles over 2 years and try to sell them as used at 9% interest. They just need to listen to the costumers and sell their vehicles.

[@ianpenswick]

"Au revoir, Rrrrriicky Boobie! Au revoir!" >...................................:)

[@nickcheema907]

what did you expect when they pulled out "make believe" MSRP's out of their arses?? LOL dealer lots just keep piling up with vehicles

[@Carl_in_AZ]

What would people say if they could purchase a nicely equipped EV sedan with 620 miles of range and a battery that charges in 11 minutes at temperatures between - 40 and 140 degrees Fahrenheit?

[@NeilNBlome]

Wishful thinking. Few in the US want electric cars. That market is saturated and the infrastructure is inadequate. Car manufacturers need to move to hydrogen engines or synthetic fuels.

[@mbeliv3763]

hahaha they will bring their EV affordable car in a few years. hahaha. TESLA AND CHINESE car builder will win over the conventional cars industry

[@redlineste4283]

The modern British Leyland.

[@xmsteel]

I wonder if Stellantis started putting out a well built reliable vehicle for a competitive price if they'd do a little better... Hmm.

[@rustystone6906]

This guy is killing what used to be a great american brand. He is in denial!

[@markbain9290]

Carmakers have stopped producing affordable small cars like the Peugeot 108 or the Ford Fiesta, trying to force customers to buy bigger more polluting and more expensive cars. Customers have responded by buying Chinese EVs.

[@miks564]

Being from Europe, I have no prejudice against European brands, in fact, I've been preferring Italian cars all my life because of the Fiat group engineering (FPT). Which means, I'll not remain a Stellantis client since it seems almost all their ICE will be the Puretech from the old PSA group. If it's ICE, I want an italian engine. If it's EV, I only consider Tesla. So there you go.

[@FlameBlue9016]

How bad are things for Carlos right now that he does an interview in front of peg board with drywall screws in it… Hey Carlos I think they might be hiring for night receiving at Walmart.

[@mihailovelickovic2747]

Do not throw yor money on their shity cars. Let them beg for yor money

[@Joe-c3w5u]

The only bump that should be is the company bumping you to the unemployment line.... delusional

[@tombache3426]

Many manufacturers were rubbing ther hands, thinking the Gov’ts were mandating the public to by a new EV car. No reason to pay more for a car with far fewer parts. EV is a flashlight on wheels. No reason to pay such a high price.

[@nickcheema907]

LOL what a bunch of clowns......a complete train wreck. LOL

[@Himsofinee]

All I heard was a bunch of nothing! He doesn’t even know how the American market works. LOWER THE PRICES AND YOU’LL HAVE MORE SOLD VEHICLES!!!!!

[@Now_or_Never_777]

If the brands are not able to monetize the value of the brands….you mean “you and your team” are not good enough to make them work?

[@carltonbanks604]

This guy doesn't give a sh*t about the auto industry. If he did, he would understand how stupid their lineup is based on what American customers want. Instead, he's going all in on EVs knowing that people either don't want them, or cannot afford them. He's absolutely killing brands with his decisions. Who's going to buy a $100K Jeep or RAM?

[@jdc3636]

Make better cars at reasonable prices and all your problems are solved.

High margins and affordability don't go together. Stellantis does not understand that, it's a volume game, they need to use economies of scale and need to be competitive with their pricing which they are not. GM market share in NA keeps rising, and Stellantis' keeps dropping; how much market share can they lose until they realize that their strategy is not working.

[@thomasheitmann1804]

Es ist einfach nur traurig . Soviel Gehalt und die Lage und Kundenbedürfnisse nicht zu erkennen. Dazu: Warum produziert man auf Halde ???? Warum hat man letztes Jahr den Gewerkschaftsforderungen in den USA nach gegeben ?????????

[@1Steson]

A few short years ago, when a typical consumer like myself compared an FCA vehicle (Grand Cherokee for example) with anything in the GM fleet, there were valid reasons to buy the Jeep, and I did. Today - absolutely not so. Given Jeep's excessive pricing these days, you can get a better vehicle from GM for the same $, hands down.

[@illumination357]

@@1Steson Exactly. And that’s why I decided to buy from Cadillac instead of stellantis again!

[@josephguo6256]

I bought a brand new VW Passat for three years and got back 500 dollars back. reason, wrong engine oil filter made by service station, whole engine became crap.

[@Steve23-392]

Stellantis CEO has got to Go..

[@thunder881]

Bye Bye Alfa Romeo

[@EasyGo-v7s]

Stellantis acquired a bunch of European brands because it’s cheaper and easier, especially since they used government loans, rather than developing their own platforms and models. But all of this needs to be managed, and it seems like they’re struggling; the American management model isn't working. As a result, there will be layoffs in Europe and the U.S., and ordinary people will lose their jobs.

[@enricom4652]

I don’t think than Ev price is the only problem. The real issue is that EVs are functionallly worst than ICE and they do not add so tangible advantages. The so called transition is more likely a sort of rebalancing in engine and energy type. The price is not the cause but I think the consequence of a bigger problem.

[@kosmonautik639]

He's been just fired from Stellantis

[@codylgarcia]

If it’s not taboo to cut brands off, Tavares should just sell Chrysler, Dodge, Jeep, and Ram (along with the rights to Plymouth, Imperial, AMC, etc.) to Mr. Frank B. Rhodes right now. He obviously doesn’t care about America, Chrysler’s employees, or just making good products in general, so he should sell them off to someone who does.

[@doomybear7389]

This is what happens when a company gets greedy and buys everything to make themselves big but anyone with a sense of reality will tell you skimp on quality and overproduce and having all these eggs in one basket it will fall from a great height and not many eggs will remain seen it before and I started in the main dealer side of the motor trade in 1976 and greed has failed every time and it's always the bosses that walk away with the big wallets,

[@RayNLA]

He pretty much is telling us that anything is on the table!

[@series9193]

still hasn't listened to the consumers !!

[@ericmelvin8036]

Stellantis need to get out of the US Auto Market.

[@YahyaSaeed-hl3tw]

Watching this two months later i immediately felt negative about this guy. And share price was 18 and now its 13.3

[@nicolasloiseau8971]

Carlos ghosn OR Tavares all are going to jail ...

[@fishgutz4272]

Bring Back the Challenger 392 HEMI. Bring back the Charger 392 Bring back the Chrysler 300 SRT8 392. Stop the tiny turbo crap.

[@franzvaclavik4639]

These guys dont understand the brand Alfa Romeo, there is no „Cuore sportivo“ anymore; only a Peugeot 3 cylinder in the new Junior.

[@esr243]

Oh ! So, you needed a message by the consumers on EV costs? You couldn’t figure on your own that 40 - 60,000€ electric cars are not acceptable?

[@msallies]

@@esr243 my thoughts exactly. Don’t they have access to hold house median incomes?

[@Atomwaffen-y3s]

He talks lots of talk but has no walk. Bastard Fiat products were always crap, just as they are now.

[@mfmf100]

A large number of those brands have tiny lineups.

[@mikethecargeek]

U.S. Sales of EVs in America are HIGHER in 2024, than ‘23, ‘22… The Rate of Growth has slowed. Misinformation has Risen.

[@logicpolice308]

Walmart greeters have better sense than Carlos

[@joshup]

A used car sale's man who become a ceo of a huge company.