Carlos Tavares starts to attack in the first shareholders’ meeting of Stellantis. The CEO confirms that the strategic plan of the fourth global automotive group born from the marriage between FCA and PSA will be presented on Capital Markets Day between the end of 2021 and the beginning of 2022. “It will be an offensive plan – says the Portuguese manager – and will develop a winning strategy for the Chinese market. It will be a plan with significant disruptions. We have many opportunities and values to express: we need clear governance ». Not only that, Tavares talks about “exciting opportunities” and explains that a synergy office has been created to proceed with the integration. «We are on track to reach the level expected in 2021. We want to move forward with radical choices. We started off on the right foot for synergies. The first results of the merger are already visible ».
The intervention of President John Elkann along the same lines. «FCA and PSA – he tells the shareholders – have given life to this ambitious and exciting union, achieving extraordinary results and demonstrating great resilience against all kinds of adversities.
Carlos Tavares shares the same ambition with me for Stellantis. We both see its birth not as a point of arrival, but as the beginning of an exciting new journey. Working together in these first months has been very enriching both professionally and personally, we can say we started in the best way ».
Elkann and Tavares press on the accelerator of the modernization of the group. «As a company – says the president – we will also do everything possible to integrate the ambitious ESG commitments into our strategy and make our growth objectives compatible with sustainable development practices. This approach stems from our desire to support the environment, to foster a decarbonised economy, committing our organization to pursue zero carbon in our products and in our environmental impact. Stellantis has a cutting-edge electrified offer all over the world with the widest range in Europe of full electric vehicles in segment B which perfectly expresses our idea of mass electric mobility for the near future ».
Tavares, for its part, announces that Stellantis Electrification Day will be held on 8 July. The CEO confirms the goal of tripling electric car sales in 2021 compared to 2020, reaching 400,000 units, as indicated by Elkann in the letter to the Exor shareholders. In 2021, 14% of the cars sold in Europe by Stellantis will be electrified, with the aim of reaching 38% in 2025 and 70% in 2030. In 2025 in Europe, 98% of the group’s models will also be available in an electrified version .
Stellantis also announces news on the management team front. «After the appointment of the top management in January – says Elkann -, we are finalizing the appointments for the leadership positions, in order to create a well-balanced team between FCA and PSA. And I’m happy to announce that a quarter of these roles will be filled by women. We are working to ensure that Stellantis has the best possible organization, with capable and talented leaders who know how to bring different points of view and share the same openness to change. The experiences of these first phases make me very confident about the future and the extraordinary results that we will be able to achieve together ».