How Stellantis CEO Carlos Tavares instilled startup speed in a 'dinosaur'

Stellantis CEO Carlos Tavares says after 41 years in the industry he is now considered the wise man in the room. That wisdom and experience convinced him that to make the combined pieces of PSA Group and Fiat Chrysler Automobiles a success he needed to empower and energize the entire workforce. He says the 1-year-old company's ability to embrace rapid change has allowed it to make sweeping changes at the speed of a startup. The initial results have been impressive. Stellantis’ 2021 operating margin was on par with premium automakers and it is forecast to remain in double digits. Tavares explained how in answers to questions from Automotive News Europe and other journalists during several roundtable discussions this month.