, Columnist
Stellantis Shuffle Won't Solve Deeper Problems
The embattled automaker needs harmony, not more ruthlessness
Stellantis CEO Carlos Tavares visits the production line of the new electified Peugeot in Sochaux, France.
Photographer: FREDERICK FLORIN/AFPThis article is for subscribers only.
After being assailed from all sides over plunging profits and overzealous cost cutting, Stellantis NV and its chief executive officer, Carlos Tavares, are attempting to move on, but it’s hardly a fresh start.
Announcing a sweeping management shakeup, the CEO again used his favorite adjective – “Darwinian” – to describe the auto industry’s wrenching changes and the need for greater focus and renewal.