The president of Stellantis ensures the group’s “clear strategy” to its European management

The president of Stellantis ensures the group’s “clear strategy” to its European management
The president of Stellantis ensures the group’s “clear strategy” to its European management

Stellantis President John Elkann assured the group’s European management teams on Friday of “clear strategy” of the company, a few days after the departure of its general director. “The company has a clear strategy and direction, and approaches 2025 in a good position”John Elkann told European executives gathered in Vélizy, near , according to statements reported by the group.

After the announcement on Sunday of the ousting of Carlos Tavares, John Elkann first went to the United States on Monday, then to Italy at Maserati on Wednesday, to meet the teams there. In Vélizy, he more specifically focused his message on “European challenges”notably the need to manage “transitioning electrification with flexibility and intelligence while leveraging our new multi-energy platforms with our major brands”. Other messages, “be ready to adapt quickly to any regulatory change that may occur”et “never compromise on the quality of Stellantis products or on the relationship with our customers and stakeholders”indicates the group again.

The board of directors of Stellantis, owner of the Peugeot, Fiat, Jeep and Chrysler brands, dismissed Carlos Tavares on Sunday after disagreements. While waiting for a successor to be found, John Elkann took the helm of a “interim executive committee” with a busy schedule, in an automobile market with unstable sales and with a transition to electric still to be made.

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