Stellantis to Focus on Cost Cuts to Protect Profits: CEO

The video discusses the excitement in the market due to strategic cost cuts and the need for further alignment with customer demands for affordability, low emissions, and quality. It highlights the importance of supplier contributions in managing costs, especially with the shift towards electrification, emphasizing a collaborative approach to benefit US consumers with affordable, electrified solutions.

What are the key factors customers are looking for according to the speaker?

• Low appeal and high cost

• Expensive and high emissions

• Affordability, low emissions, and high quality

• High emissions and low quality

What is the speaker's stance on suppliers who cannot reduce costs?

• They will receive additional funding

• They might be dropped

• They will be ignored

• They will be given more time

What percentage of the added value of automobiles has been given to suppliers over the last 30 years?

• 85%

• 95%

• 70%

• 50%

What is the main goal of the partnership between the company and its suppliers?

• To reduce the quality of products

• To increase emissions

• To benefit the US consumer with affordable, electrified solutions

• To focus solely on profits

What does the speaker suggest is necessary for the industry to succeed?

• Ignoring consumer needs

• Focusing on traditional methods

• Collaborative breakthroughs

• Working independently