Stellantis Fires Back At US Dealer Council's Allegation Of 'Short-Term Decision-Making:' Carmaker Says 'Public Personal Attacks' Not The Way To Solve Problems

Benzinga · Sep 12 17:28

CarmakerStellantis NV(NYSE:STLA) said on Wednesday that it takes "absolute exception" to the open letter sent by the President of U.S. Stellantis National Dealer Council (NDC)Kevin Farrishto company CEOCarlos Tavares, terming it a "public personal attack."

What Happened:In the open letter dated Sept. 10, U.S. car dealer Farrish accused Tavares of "short-term decision-making" and urged that the CEO spend more to clear older inventory, reported Bloomberg. Tavares' decisions, the NDC President said, ended up shrinking the company's market share and hurting its many brands.

"For over two years now, the...

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Stellantis Fires Back At US Dealer Council's Allegation Of 'Short-Term Decision-Making:' Carmaker Says 'Public Personal Attacks' Not The Way To Solve Problems

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