Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife
The Truth About Cars
APRIL 16, 2024
However, Stellantis is also trying to shift EV assembly to places like Morocco due to their lower-than-average labor costs. Lower overhead in terms of production costs are supposed to help them endure the onslaught of cheaper Chinese EVs that are assumed to flood the market as European governments effectively mandate electric vehicles.
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