Melons: "European standards risk bringing the automotive industry to its knees"

“Intermodal transport is a strategic solution to reduce CO2 emissions, to improve the efficiency of the logistics chain and guarantee sustainable economic development. But this objective must also be pursued by changing some European choices of recent years which have paid off too high a price for ideology and have effectively closed the door to those who do business. We must guarantee a certain regulatory framework while avoiding excessive rigidities that damage those who do business and create jobs.” Prime Minister Giorgia Meloni says this in a video message sent to the assembly of Alis, the Sustainable Intermodal Logistics Association. “The new European legislature has just opened – continues Meloni – the Italian government will work to ensure that the ecological transition goes back to walking hand in hand with economic and social sustainability simply because we cannot pursue decarbonisation at the price of economic desertification “.

Stellantis earthquake

The sector has just experienced an earthquake after Tavares’ resignation from the Stellantis group. Yesterday the news got it goingthe shares of the fourth largest car manufacturer in the world have plummetedat a two-year low. According to analysts, this is a sign of the fact that with the manager’s exit, the market is casting doubt on the company’s relaunch plans. On Piazza Affari the stock closed down 6.30%, after having lost up to 10%. and resignation of the head of the company not only leaves aempty at the top, but they pose more than one question about the future of the sector in general: many open questions, from overcapacity and inventories in the United States to global demand for cars which remains sluggish and competition from Chinese rivals which is intensifying.

 

With Tavares’ exit, the race for his succession now begins. In reality, the appointment of the next CEO is expected in the next six months, i.e. by June 2025. And, as expected, the flurry of rumors has started about which candidates are eligible.In pole position Olivier Francois, CEO of Fiatand head of global marketing at Stellantis but also other managers within the group such as Carlos Zerlenga, now Chief Operating Officer of North America and Maxime Picat, head of supply chain and global purchasing at Stellantis. But the new manager could also come from outside.

By Editor

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