US EditionIconic Car Brand Boss Gives Major Update on Merger with Rival as 'Sales Cut'
- The boss of an iconic car brand managed by Stellantis gave a major update on a merger with a rival amid declining sales and management changes in 2025.
- Rumors of a potential Stellantis-Renault partnership emerged but both companies denied pursuing any collaboration while Stellantis faces leadership turbulence after Carlos Tavares resigned.
- Stellantis recorded a 12 percent drop in shipments last year, blaming it on “temporary gaps in product offerings” as underperforming brands like Chrysler and Abarth struggle amid European EV market challenges.
- Stellantis Chairman John Elkann stated, "We are not discussing any merger," while Fiat CEO Olivier François said, "Covid, shortages, and consumer resistance have slowed electrification progress."
- These developments highlight ongoing difficulties for Stellantis' EV efforts and its underperforming brands, contributing to caution about mergers amid stricter 2030 EU emission regulations.
11 Articles
11 Articles
The Sun
Iconic car brand boss gives major update on merger with rival as 'sales cut'
THE BOSS of an iconic car brand has revealed a major update on its merger with a rival, as the company admits the EV push is hurting sales. Despite rumours of a potential tie-up between Stellantis and Renault, both companies have denied seeking a partnership. GettyThe Renault group reported record sales last year[/caption] AlamyStellantis manages several brands, including the supercar maker Maserati[/caption] John Elkann, Stellantis Chairman, to…
Iconic car brand boss gives major update on merger with rival as firms say EV push is slashing sales - WiredFocus
THE BOSS of an iconic car brand has revealed a major update on its merger with a rival, as the company admits the EV push is hurting sales. Despite rumours of a potential tie-up between Stellantis and Renault, both companies have denied seeking a partnership. 2 The Renault group reported record sales last yearCredit: Getty 2 Stellantis manages several brands, including the supercar maker MaseratiCredit: Alamy John Elkann, Stellantis Chairman, …
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