Stellantis CEO Tavares on F1, EV Transition, Cost Cuts

The video discusses Alfa Romeo's position within a larger brand portfolio, focusing on motorsports and the transition to electric vehicles. It highlights the challenges of maintaining pricing power amid market changes and the need for cost reduction in electrification. The discussion also covers the importance of making electric vehicles affordable for the middle class and the industry's transformation to meet these demands.

What is the current focus of Alfa Romeo's motorsports program?

• Touring car racing

• 24 hours of Le Mans with hybrid technology

• Formula One racing

• World Rally Championship

How does Alfa Romeo plan to enhance the driving experience of their electric vehicles?

• By increasing the size of the vehicles

• By improving acceleration and ride smoothness

• By reducing the number of models

• By focusing solely on luxury features

What is a significant challenge mentioned in maintaining pricing power in the automotive market?

• Decreasing interest rates

• Increasing demand for gasoline vehicles

• Rebalancing between supply and demand

• Lack of new technology

What is the anticipated impact of interest rates on the automotive market?

• They will increase the demand for luxury cars

• They will lead to more cost reduction in raw materials

• They will increase the pricing power of companies

• They will have no impact

What is a key factor in making electric vehicles more affordable for the middle class?

• Increasing government subsidies

• Reducing the cost of electrification

• Focusing on luxury features

• Expanding the size of the vehicles

What is the industry's challenge in the next three to four years regarding electrification?

• To increase the size of electric vehicles

• To absorb the additional cost of electrification

• To focus solely on luxury electric vehicles

• To reduce the number of electric vehicle models

What is the break-even point for the company mentioned in the transcript?

• 40% of revenues

• 50% of revenues

• 60% of revenues

• 30% of revenues