Stellantis defends itself after US dealers flag concerns
The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris/ (Reuters) - Automaker Stellantis told its U.S. dealers on Wednesday that its August sales were up 21% from July, and its dealer inventory was reduced for two consecutive months by approximately 10%. Stellantis National Dealer Council's President criticized CEO Carlos Tavares for the "rapid degradation" of the automaker's brands and urged him to spend more money to clear old inventory, Bloomberg News reported, citing an open letter dated Sept. 10. The ...
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