Massive cost cuts are coming to Stellantis

It's highly discouraging news for Metro Detroit after last week's Stellantis investor meeting, where CEO Carlos Tavares promised a massive cost-cutting effort. It looks like it will mean considerable job loss for Metro Detroit, particularly at the Auburn Hills office tower.

[Anthony-qjqe]

He wants to cut costs? He should start with his own salary....

[PANIC_aka_PinD]

He should consider cutting prices, not costs. No one ever wanted a 100k Jeep.

[Wisco_B]

Making American cars in 3rd world countries is wild… goodbye dodge

[Username]

When you only make garbage, how do you cut costs on that?

[dbrewu]

Between the EV disaster . And charging 80 grand or more for a Truck . It now appears to have been pretty much a crap sandwich of a sales strategy .

[mvcharisma]

How can they cut costs when everything they make is cheap overpriced garbage 😂

[jameshoopes]

Layoff the executives and board. They screwed the company into the ground with their ridiculous pricing and horrid reliability. And their answer is to make regular employees pay the price for their incompetence. Two-tiered country. The rich are protected from consequences and the rest of us pay the price.

[derekpetersen]

Welcome to Stellantis, where we attempt to cut corners on a circle.

[LarryBattle]

stallentis should give back the $billions in grants and subsidies it stole from taxpayers first!

[killer]

Chrysler/Stellantis no longer an American company, ouch.

[jdub]

They build way over priced junk. And they wonder why they are in this mess

[tiberianexcalibur]

Stellentis replaced a lot of its staff with people that don’t know what they’re doing with bean counters. They’re dumping competent suppliers for cheaper inferior suppliers to cut cost and make their boss happy.

[gregorymalchuk]

Chrysler engineers designed the space shuttle back in the day. And now their jobs are being outsourced to Turkey. An ignominious end.

[larry]

Look at all the bad police Durangos they just made. Indiana just took theirs off the road because the oil coolers fail and they blow the engines.

[elihernandez]

Most incompetent auto CEO I've seen.

[esteban]

So far this guy couldn't find his butt with both hands if it had a bell on it.

[EduardoSanchez-unhh]

He is been doing nothing but 'cutting corners'. This is gonna backfire.

[Cucumberflavoredmustard]

Maybe Stellantis should consider going low tech. These cars would be half the price without all the unessential electronic junk in them. Tell me why you need 3 flat screens, six cameras, 2 GPS monitors, and 300 sensors in your car.

[briangasser]

Domestic Big 3: GM, Ford, and Tesla. Ouch for Chrysler

[daverson]

Stellantis couldn't pay me to own their crap!!