Cuts likely as Fiat Chrysler-PSA tie-up nears approval
January 3, 2021
MILAN (AP) — While running Nissan's North American operations from 2009 to 2011, Carlos Tavares had a reputation for closely watching costs with little tolerance for vehicles or ventures that didn't make money.
Experts say that means Tavares, currently the head of PSA Group, is likely to follow that blueprint when he becomes leader of a merged PSA and Fiat Chrysler Automobiles. The low-performing Chrysler brand might get the axe as could slow-selling cars, SUVs or trucks that lack potential.
Already the companies are talking about consolidating vehicle platforms — the underpinnings and...