EXCLUSIVE – In an interview with the “Figaro”, the bosses of Stellantis and Renault alert to the state of the European market. They require a radical and rapid simplification of regulations, so that they can once again offer popular cars.
They share the same impatience. The same concern. The same ambition. John Elkann and Luca de Meo, the bosses of the two rival groups Stellantis and Renault, decided to ring the alarm together. « The European automotive market is falling For five years nowexplains John Elkann, It is the only major world markets that has not found its pre-Cavid level. »»
It is almost a collapse: it sold 15 million vehicles in Europe (in the 27 members, in the United Kingdom and Switzerland) last year, against 18 million in 2019. “And it continues”notes the president of Stellantis, who warns: “At the current rate, the market could be more than divided by two in the space of a decade. “” We must start from the demand “, says Luca de Meo. This involves offering accessible cars.
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