Stellantis cuts costs rather than turn defensive as Chinese threat grows

πŸš—πŸ’‘ Stellantis CEO Carlos Tavares emphasizes cost-cutting and an “asset light” strategy, focusing on exports over local manufacturing in response to the growing Chinese threat.

CEO Carlos Tavares said Stellantis would stick to its “asset light” strategy in China, mainly focused on exporting to the country rather than manufacturing there.


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