​”Doghouse Is Back!”: Stellantis CFO Instructs Staff To Take “Drastic Measures” To Conserve Cash – Tyler Durden

“Doghouse Is Back!”: Stellantis CFO Instructs Staff To Take “Drastic Measures” To Conserve Cash Volkswagen, Mercedes, Aston Martin, and BMW have all recently slashed their forecasts. The broader economic landscape for Western automobile companies is dire as high interest rates crush demand, EV programs hemorrhage cash, and demand in China wanes. Many Western firms are plagued with de-growth climate change policies that muzzle economic output or make the manufacturing process way too expensive, ultimately giving Chinese firms an unfair advantage in global markets.  Expanding our coverage on automaker Stellantis, a new report from Wall Street Journal journos on Friday reveals a leaked email from Stellantis…  — Continue at ZeroHedge News : Read More