Automakers

How Tavares has turned PSA into a profit machine

PSA CEO Carlos Tavares has referenced natural selection to describe the industry’s seismic changes. “We are Darwinian. We know that the survival of our company is based on our ability to adapt,” he said.
August 05, 2019 04:30 AM

A challenging year in 2018 left many of Europe's automakers struggling to put a brave face on falling margins amid worries about the high cost of complying with tougher emissions rules while also investing in electric cars and autonomous driving technology.

Staying current is easy with newsletters delivered straight to your inbox.