CEO Carlos Tavares will have an unusually large number of direct reports at Stellantis. He says that digital tools developed in the pandemic will make it possible to govern the far-flung group, which will sell cars in more than 130 countries.
Jensen Huang predicts that it will be commonplace for a new car from a volume brand to be sold at cost within four years because profits will come from the automaker’s proprietary software instead. The Nvidia boss discussed this and more with Automotive News Europe.
FCA CEO Mike Manley could receive nearly $63 million and CFO Richard Palmer $20 million after the merger with PSA closes, provided they remain at Stellantis and meet certain conditions, according to a shareholders' prospectus.
PSA Group CEO Carlos Tavares and his team are putting the finishing touches on a merger with Fiat Chrysler Automobiles to create Stellantis, the world's fourth-largest automaker by volume. He spoke with Automotive News Europe about what is ahead for Stellantis.