Overview

• Stellantis' North American sales have dropped by 30%, severely impacting profits.
• CEO Carlos Tavares is in Detroit to personally address the issues and formulate a new strategy.
• The company has seen a wave of executive departures and announced layoffs at several U.S. plants.
• Shareholders have threatened legal action over the declining performance and stock value.
• The UAW union has warned of potential strikes if investment commitments are not met.