https://www.arcamax.com/business/businessnews/s-3008210sample quote
"What we believe is that the guys who are using what we would call as a shortcut, the legacy business, to fund the future are going to be the guys who are going to be in the best position to accommodate to those different scenarios, because basically, we are doing very good money with the legacy business,"
Tavares said during a fireside chat at Goldman Sachs' 15th Annual Industrials and Autos Week.
...snip...
Although Stellantis has posted the best profit margins in the industry at 14.4% in the first half of the year,
Tavares described 2023 as "not so good"
with the company "very far from operational excellence."
He cited weaknesses in outbound logistics such as the delivery time of sold vehicles in Europe to customers, sales and marketing, and pure supply.
end quote