Stellantis' newly-installed Chief Executive Carlos Tavares said on Tuesday the company, formed through the merger of France's PSA and Italy's Fiat Chrysler, did not plan to cut jobs as part of group efforts to cut costs.
Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, will give all its 14 brands a chance at success and keep all options on the table for revitalising its struggling Chinese business, it top executive said on Tuesday.