Stellantis CEO struggles to sell Jeeps in the golden era of SUVs
Baua Electric
JULY 27, 2024
The cost-cutting is exhausted and there isn’t enough innovation.” Stellantis cut prices on the Jeep Compass and Grand Cherokee SUVs earlier this year and added more content to its vehicles to adjust to the higher interest rate environment. Stellantis’ losses has been Ford Motor Co.’s
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