Deals
Fiat’s Merger With PSA Creates a Hefty To-Do List for CEO Tavares
- CEO could reconsider U.K. plant, bail on Fiat brand in U.S.
- Alfa and Maserati will need hard-charging chief’s attention
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To drive home just how relentless he is about PSA Group cutting costs and eking out better earnings from car brands including Peugeot and Opel, Chief Executive Officer Carlos Tavares calls himself a “performance psychopath.”
Now that PSA has taken another step toward expanding his empire to include Fiat Chrysler Automobiles NV, there are a few potentially substantial orders of business for Tavares to consider tackling. Here are a few: