Stellantis CEO Says Relationships With Governments In France And Italy Are Well Intended, There Is Pressure At Times But They Want To Support Us; To Keep High-Value Cars In High-Cost Countries To Balance Affordability For Customers And Profitability
Portfolio Pulse from Happy Mohamed
Stellantis CEO has stated that the relationships with the governments in France and Italy are well intended, despite occasional pressure. The company plans to keep high-value cars in high-cost countries to balance affordability for customers and profitability.
July 05, 2023 | 3:31 pm
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Stellantis' strategy to balance affordability and profitability by keeping high-value cars in high-cost countries could potentially boost its profitability. The company's good relations with the French and Italian governments may also provide support.
Stellantis' strategy to keep high-value cars in high-cost countries could potentially increase its profitability by maintaining a balance between the cost of production and the selling price. Additionally, the company's good relations with the French and Italian governments could provide support in terms of favorable policies or subsidies, which could further enhance its profitability.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100