Stellantis Sales Plummet Despite CEO’s Attempts to Turn Around “Arrogant” Mistakes – What’s Next for the Troubled Automaker?
Chicago, Illinois – Stellantis U.S. new vehicle sales faced a substantial decline during the third quarter, marking a continuation of a downward trend. Despite CEO Carlos Tavares’ efforts to address previous mistakes, the Transatlantic carmaker reported a 19.8% decrease in sales from July through September, compared to the same period in 2023. This decline also represented an 11.5% drop from the preceding three months of the current year. Experts had predicted that Stellantis would underperform …