Stellantis' CEO Carlos Tavares warned that some of its brands could be dropped if they continue to underperform, after the automaker on Thursday reported a 48% drop in profits for the first half of 2024. Stellantis, which was formed in 2021 following the merger of Fiat Chrysler Automobiles and France's PSA Group, has 14 brands in its portfolio...Stellantis' CEO Carlos Tavares warned that some of its brands could be dropped if they continue to underperform, after the automaker on Thursday reported a 48% drop in profits for the first half of 2024. Stellantis, which was formed in 2021 following the merger of Fiat Chrysler Automobiles and France's PSA Group, has 14 brands in its portfolio...
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