​”The Descent Is Starting”: Stellantis’ CEO Has His ‘Back Against The Wall’ Trying To Sell Jeeps – Tyler Durden

“The Descent Is Starting”: Stellantis’ CEO Has His ‘Back Against The Wall’ Trying To Sell Jeeps All of a sudden, Stellantis is having trouble selling Jeeps. And it comes at a time when SUV demand has never been greater. Stellantis’ Ram pickup division has also slipped in sales rankings, and Chrysler now only produces minivans. This decline resulted in poor earnings and a 40% stock drop from March highs recently. Seven senior executives have also departed since January. CEO Carlos Tavares, who recently secured a massive €36.5 million compensation package, has faced rapid setbacks. His strategy to protect profit margins…  — Continue at ZeroHedge News : Read More