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Stellantis has rejected an offer for the Chrysler and Dodge brands.<\/li>\n
CEO Carlos Tavares recently threatened to axe under-performing brands, but the company tried to walk that back by saying they’re committed to their “entire portfolio of 14 powerful, iconic brands.”<\/li>\n
That commitment isn’t open-ended as the brands only have 10 years to prove themselves.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
Stellantis can’t stop shooting themselves in the foot as they seem bound and determined to make one mistake after another. The latest mess follows a dismal second quarter<\/a>, which prompted CEO Carlos Tavares to say they would shut down brands that don’t make money.<\/p>\n
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