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Does Tavares of Stellantis criticize Marchionne’s FCA?

Does Tavares of Stellantis criticize Marchionne's FCA?

Do the statements of Carlos Tavares, CEO of Stellantis, on the high production costs in Italy hide a criticism of FCA Sergio Marchionne? Here are the statements of Tavares and the reflections of Romano Prodi

The ex-Prime Minister Romano Prodi published in the Messaggero a reflection on the interview that Carlos Tavares, CEO of Stellantis, released in recent days to Corriere della Sera .

WHAT TAVARES SAID

In that interview, among other things, Tavares talked about the high prices of technologies for the electric car and said that in Italy the cost of production is "significantly higher, sometimes double, compared to factories in other European countries. , despite a lower labor cost ". The problem, in addition to the “oversized” energy tariffs, would lie in the “organization of production, which must be improved”.

PRODI'S COMMENT

These are words that Prodi considers worrying because – he writes in the editorial on Sunday in the Caltagirone group newspaper – “Stellantis is not only the fourth largest automotive group in the world, but it is the only company that operates in Italy with mass production”. The ex-premier also notes how Tavares' statements represent a criticism of the previous management of Fiat Chrysler Automobiles (FCA), which later became Stellantis following the merger with the French company PSA.

TAVARES CRITICISM MARCHIONNE?

In short, the criticism of the group's CEO is also addressed to Sergio Marchionne, former CEO of FCA, who – says Prodi – has carried out a financial strategy "of great skill" and launched "messages of the realization of powerful investments and radical technical innovations of the plants ".

“Was all this technological heritage” told by Marchionne “was there or wasn't there?”, Asks Prodi.

THE BATTERY FACTORY IN TERMOLI

Prodi considers the fact that Stellantis has not yet received precise and conclusive indications on the battery factory it intends to build in Termoli, particularly “serious”. In this regard, Xavier Chereau, head of human resources at Stellantis, told La Stampa that there are ongoing discussions between the group and the government.

"This suggests that an agreement has not yet been reached […] on the level of incentives," wrote the former prime minister. Who fears that the battery factories in Germany and France may prove sufficient to meet the needs of Stellantis, which intends to focus more on the quality of electric vehicles rather than on the quantity of units produced.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/carlos-tavares-critica-sergio-marchionne/ on Mon, 24 Jan 2022 09:56:03 +0000.