General Motors to Sell Opel/Vauxhall and Leave Europe?

Carlos Tavares, Chairman of the Managing Board of PSA

Ken Zino of AutoInformed.com on Carlos Tavares

Racing to achieve economies of scale in the moribund European market as regulatory costs for plugin hybrids and elctrifciation rise and diesels are phased out.

Stellantis N.V. today announced that Carlos Tavares, CEO of Stellantis, has made the decision to step down from the Airbus Board of Directors at the end of his second term in 2022. “This personal decision should allow Carlos to dedicate his full professional time to leading Stellantis to success, together with the leadership team, through this critical transformation period in the automotive industry,” Stellantis said in a statement.

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