Stellantis, the world’s latest major automobile group, laid out Tuesday a roadmap for its advancement, notably in electric lorries.
President Carlos Tavares, who was currently head of the French automaker PSA, said the 14 brands that comprise Stellantis, now the world’s 4th biggest carmaker, would all use electrical vehicles by 2025.
He likewise vowed to prepare a method for advancement in China by the end of the year, without offering information.
Stellantis was developed from the merger of PSA– and its Peugeot and Citroen brand names in specific– with the Italian carmaker Fiat, which also owns Chrysler, Jeep, Alfa Romeo and Maserati, among others.
Tavares told a press conference that every brand name, consisting of those which currently post weak sales, would have a chance to show itself.
Stellantis was produced through the merger of PSA– and its Peugeot and Citroen brand names in specific– with the Italian carmaker Fiat, which also owns Chrysler, Jeep, Alfa Romeo and Maserati, among others AFP/ Marco Bertorello
” We want to support those brand names, even those dealing with troubles,” he stated. “We are car addicts. We like the brand names, we like their history”.
The group likewise plans to “make electrical cars cost effective for the middle class” in the near future, he said.
Stellantis already has 29 electrical models for sale and plans to launch 10 more by the end of the year.
With respect to the Chinese market, Tavares stated that neither PSA nor Fiat had actually been satisfied with their outcomes, and promised “a total overhaul of the group’s method”.
Tavares said the group was delighted that Britain and the European Union had actually hammered out an offer on trade relations now that Britain is no longer an EU member.
He added that choices concerning future financial investments in Britain, home to the group’s Vauxhall brand, “will be made within the next two weeks”.