Carlos Tavares says industry will suffer from prolonged period of investing in both traditional engines and battery-powered cars
Manufacturers must sell more electric cars to meet tough new EU carbon targets
Chief executive seeks to turn fortunes around amid falling profits, production issues and fights over EVs
European carmaker’s road back will be long and winding
Profit warnings have come from a sector facing weak sales at home, intense competition in China and slowing EV demand
Forecast cuts are the latest from European carmakers facing Chinese competition and weak home market demand
Maker of Peugeot, Fiat and Jeep cars tries to find substitute for man who built the group
Shifting production to Europe will give the carmaker an edge over Chinese rivals
Average car selling prices are falling as ample supply and sluggish demand hit pricing power
Profits at both carmakers fall as demand wanes and pressure on pricing grows
Vauxhall owner could move production to other sites in Europe, as government quotas threaten returns
Tariff announcement from Brussels prompts Citroën and Fiat brand owner to move part of Leapmotor output
Chinese group’s electric vehicles to be available in nine markets as owner of Fiat and Peugeot looks to benefit from tie-up
Deal would bring rare western investor to world’s biggest producer of commodity critical to electric cars
Breaking USMCA would be ‘lose-lose’ scenario after Trump talks of blocking Chinese vehicles crossing border
Carlos Tavares says Britain’s quota regime could bankrupt carmakers
Carlos Tavares’s controversial remuneration deal of €36.5mn was rejected by almost 30% of shareholders
Fiat owner has surpassed its German rival in market value
Carmaker will focus on electrifying flexible fuel models as rivals pour money into Latin America’s largest economy
Gianni Agnelli’s daughter Margherita signed a document in 2004 that has spurred lawsuits and set her against her three eldest children
The company began selling on the continent a little over a year ago and is already making inroads
Rome faces choice over how to handle the transition to electric vehicles
With Stellantis in talks over aid to convert Luton van plant, executive says stimulating demand must be priority
Remuneration of €36.5mn in 2023 makes him one of the auto industry’s highest paid bosses
Carmaker plans ‘limited’ production of battery vehicles from next year but full conversion of site depends on state support
