Stellantis CEO Outlines Strategic Vision Amidst Operational Challenges

Carlos Tavares addresses cost-cutting measures, Chinese competition, and the need for regulatory stability during Investor Day.

Stellantis achieved $9 billion in cost reductions since its 2021 merger, surpassing initial targets.
Tavares acknowledged operational inefficiencies in U.S. plants and emphasized the need for timely interventions.
The company plans to invest over $8 billion in dividends and stock buybacks in 2024.
Stellantis aims for a 100% zero-emission vehicle lineup in Europe by 2030.
New Jeep models, including an affordable electric Renegade, are set to launch by 2027.