Stellantis CEO to meet French unions on Monday

  • Carlos Tavares led Peugeot maker PSA before the creation of Stellantis two months ago, and is expected to reassure unions about jobs in France.
Stellantis was formed by the merger of Groupe PSA and FCA. (AP)
Stellantis was formed by the merger of Groupe PSA and FCA.

The CEO of Stellantis will meet French unions on Monday for the first time since the carmaker's creation from the merger of France's PSA Group and Fiat Chrysler, unions said, as he looks to make 5 billion euros ($6 billion) a year in savings.

Also Read : 'No dinosaur' - Carmaker Stellantis steps up electric ambitions

Carlos Tavares led Peugeot maker PSA before the creation of Stellantis two months ago, and is expected to reassure unions about jobs in France.

Also check these Vehicles

Find more Cars
Mahindra Ekuv100 (HT Auto photo)
UPCOMING
BatteryCapacity Icon40 kWh Range Icon150 Km
₹ 8.25 - 10 Lakhs
View Details
Porsche 911 Gt3 (HT Auto photo)
Engine Icon3996.0 cc FuelType IconPetrol
₹ 2.50 Cr
Compare
View Offers
Mahindra S204 (HT Auto photo)
UPCOMING
₹ 12 Lakhs
View Details
Lexus Nx (HT Auto photo)
Engine Icon2494.0 cc FuelType IconMultiple
₹ 64.90 - 71.60 Lakhs
Compare
View Offers
Rolls-royce New Ghost (HT Auto photo)
UPCOMING
Engine Icon6750 cc FuelType IconPetrol
₹ 6.95 - 7.95 Cr
View Details
Mercedes-benz Amg E53 Cabriolet (HT Auto photo)
Engine Icon2999.0 cc FuelType IconPetrol
₹ 1.30 Cr
Compare

The CEO met Italian unions of the former Fiat Chrysler business just a week after the merger, launching a charm offensive amid fears in Italy that Stellantis's centre of gravity could shift towards France after the combination.

France's CFTC and FO unions said they would meet Tavares on Monday at midday.

"Carlos Tavares has planned to meet with our trade unions in the near future as he does on a regular basis", a spokeswoman for Stellantis in France said. She didn't confirm when the meeting would take place.

Tavares, who sealed agreements with most of the unions at PSA that included job cuts and significant cost savings, has committed not to cut jobs or close plants following the merger.

But he will have to find the right balance to preserve interests between France, Italy and the rest of Europe.

"We are pleased that (Tavares) has finally decided to meet with French unions", said Franck Don, a representative for the CFTC union.

Unions will also ask Tavares about the future of the plant in Douvrin in northern France after the company said it would transfer its fuel engine output to Hungary.

First Published Date: 05 Mar 2021, 14:07 PM IST
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.