Tue, December 3, 2024
[ Tue, Dec 03rd 2024 ]: Aaron Neefham
This Fascinating Road Trip Will Take You To 12 Of Michigan's Most Hidden Car Museums
[ Tue, Dec 03rd 2024 ]: Aaron Neefham
This Car Lover's Road Trip Will Take You To 12 Of Michigan's Most Jaw-Dropping Automotive Museums
[ Tue, Dec 03rd 2024 ]: Aaron Neefham
Why GM could suffer under Trump policies to 'save' Detroit automakers
[ Tue, Dec 03rd 2024 ]: Aaron Neefham
Why Europe's Vaunted Car Industry Is in Crisis, in Charts
[ Tue, Dec 03rd 2024 ]: Aaron Neefham
12 Fascinating Car Museums In Michigan That Will Rev Up Your Excitement
[ Tue, Dec 03rd 2024 ]: Aaron Neefham
12 Hidden Automotive Gems In Michigan Where You'll Discover Classic Cars
[ Tue, Dec 03rd 2024 ]: Aaron Neefham
Switzerland's Feintool plans cuts in Germany, cites weakness in EV market
[ Tue, Dec 03rd 2024 ]: Aaron Neefham
Turkish auto sales rise 5.3% year-on-year in Nov, association says
Mon, December 2, 2024
[ Mon, Dec 02nd 2024 ]: Aaron Neefham
Trump's Trade Threats: 21 Ways American Households Could Pay the Price
[ Mon, Dec 02nd 2024 ]: Aaron Neefham
Cartime grows business with fourth supermarket in Nelson
[ Mon, Dec 02nd 2024 ]: Aaron Neefham
Kremlin 'continues to support' Syria's Assad amid opposition gains
[ Mon, Dec 02nd 2024 ]: Aaron Neefham
Crash prevention technology shows 'huge potential,' but the roadmap is up for debate
[ Mon, Dec 02nd 2024 ]: Aaron Neefham
Innovation minister Champagne doubles down on EV plan, says critics lack 'vision'
[ Mon, Dec 02nd 2024 ]: Aaron Neefham
Seeking higher margins, Stellantis CEO Tavares lost some core customers
[ Mon, Dec 02nd 2024 ]: Aaron Neefham
Europe's embattled auto sector plans plant closures and layoffs
[ Mon, Dec 02nd 2024 ]: Aaron Neefham
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
Sun, December 1, 2024
[ Sun, Dec 01st 2024 ]: Aaron Neefham
Stellantis CEO Carlos Tavares resigns - source
[ Sun, Dec 01st 2024 ]: Aaron Neefham
I Used a Self-Driving Taxi for a Week. Things Got Weird.
[ Sun, Dec 01st 2024 ]: Aaron Neefham
Transportation and Parking Services
[ Sun, Dec 01st 2024 ]: Aaron Neefham
AW Rostamani Group brings premium electric mobility to Abu Dhabi with new ZEEKR showroom
Sat, November 30, 2024
[ Sat, Nov 30th 2024 ]: Aaron Neefham
INDOT research focuses on future technology, including truck automation, electrified roadways
[ Sat, Nov 30th 2024 ]: Aaron Neefham
Obituaries PGe PG Store Archives Classifieds
[ Sat, Nov 30th 2024 ]: Aaron Neefham
Foresight Autonomous Holdings Ltd.: Foresight Announces Third Quarter 2024 Financial Results
[ Sat, Nov 30th 2024 ]: Aaron Neefham
Auto industry's shift toward EVs is expected to move forward
[ Sat, Nov 30th 2024 ]: Aaron Neefham
1 lane open on I-95 Southbound in West Haven due to crash
Vrbo
Fri, November 29, 2024
[ Fri, Nov 29th 2024 ]: Aaron Neefham
Centennial grad Emily Chung receives Premier's Award for skilled trades impact
[ Fri, Nov 29th 2024 ]: Aaron Neefham
Trump's tariffs could cost carmakers up to 17% of combined core profits, S&P says
[ Fri, Nov 29th 2024 ]: Aaron Neefham
Advanced Driver Assistance Systems (ADAS) Market .. Leading Players, and Growth Opportunities by 2032
[ Fri, Nov 29th 2024 ]: Aaron Neefham
EV transition needs policy overhaul amid struggles to compete with China
[ Fri, Nov 29th 2024 ]: Aaron Neefham
Electric Bus Market Share 2024 Comprehensive Insi .. Size, Innovations and Business Outlook till 2032
[ Fri, Nov 29th 2024 ]: Aaron Neefham
Nissan and Honda would drive better together
[ Fri, Nov 29th 2024 ]: Aaron Neefham
Italy braces for nationwide general strike over Meloni's budget plan
[ Fri, Nov 29th 2024 ]: Aaron Neefham
Drivers demand greater transparency and security from garages, finds Digidentity
Thu, November 28, 2024
[ Thu, Nov 28th 2024 ]: Aaron Neefham
CDB Aviation Sells Two A330-200s to National Airlines
[ Thu, Nov 28th 2024 ]: Aaron Neefham
Pune convening highlights strategies for equitable EV transition in Maharashtra's auto sector
[ Thu, Nov 28th 2024 ]: Aaron Neefham
Nagaland CM launches several economic empowerment initiatives
[ Thu, Nov 28th 2024 ]: Aaron Neefham
One Border, two systems, endless complications
[ Thu, Nov 28th 2024 ]: Aaron Neefham
Bulgarian president urges VinFast to soon sell electric cars and invest in production in Bulgaria
[ Thu, Nov 28th 2024 ]: Aaron Neefham
Hyundai, Mahindra, 6 others likely to face emission penalties of Rs 7,300 crore
[ Thu, Nov 28th 2024 ]: Aaron Neefham
I Street Bridge in Sacramento temporarily stayed open, causing vehicle and train delays
[ Thu, Nov 28th 2024 ]: Aaron Neefham
Mysterious 1967 Oldsmobile Delta 88 Emerges With Good News Under the Hood
Wed, November 27, 2024
[ Wed, Nov 27th 2024 ]: Aaron Neefham
MATT RIDLEY: Labour's car industry wrecking polic .. by 0.06%. How the Chinese must be laughing at us!
[ Wed, Nov 27th 2024 ]: Aaron Neefham
Autos are taking passengers for a ride, who'll stop them?
[ Wed, Nov 27th 2024 ]: Aaron Neefham
ZEV Mandate "not working" says government as it launches fast track consultation
[ Wed, Nov 27th 2024 ]: Aaron Neefham
Leading automakers set to launch 00% ethanol vehicles: Gadkari
[ Wed, Nov 27th 2024 ]: Aaron Neefham
GTA 6: Release Date, Trailer, Leaks, Missions, and Everything You Need to Know
[ Wed, Nov 27th 2024 ]: Aaron Neefham
New Engine Beats Ford, General Motors, and Tesla .. Efficiency, 00% More Power, and 50% of the Weight
[ Wed, Nov 27th 2024 ]: Aaron Neefham
2 charged in hit-and-run Waukegan crash that killed teen bicyclist

Seeking higher margins, Stellantis CEO Tavares lost some core customers

  Copy link into your clipboard //automotive-transportation.news-articles.net/co .. lantis-ceo-tavares-lost-some-core-customers.html
  Print publication without navigation Published in Automotive and Transportation on by Aaron Neefham
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her home town of Cadiz, Spain, including Stellantis' Fiat and Peugeot.
The article from Reuters discusses how Carlos Tavares, CEO of Stellantis, has acknowledged that the company's strategy to focus on higher-margin vehicles has led to the loss of some core customers. During a media roundtable in Auburn Hills, Michigan, Tavares admitted that while the shift towards more profitable models was necessary for financial health, it has resulted in a disconnect with customers who preferred the company's more affordable offerings. He emphasized the need to balance profitability with maintaining a broad customer base, especially in light of the competitive pressures in the automotive industry and the transition to electric vehicles. Tavares also highlighted the importance of not alienating loyal customers as the company navigates through these changes.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/seeking-higher-margins-stellantis-ceo-tavares-lost-some-core-customers-2024-12-02/ ]