Stellantis NV STLA CEO Carlos Tavares is reportedly slated to visit Detroit this week in a bid to revive the company’s struggling North American operations.
What Happened: The CEO is looking to develop a strategy to fix the automaker’s operations in North America by the end of this week, Reuters reported, citing people familiar with the matter.
A source told the news agency that the CEO wanted to make it clear with his upcoming visit that he is handling the dwindling operations personally as North American operations are integral to the company’s overall functioning.
During his visit to the U.S. offices in Auburn Hills, Michigan, Tavares will meet with top-line managers before formulating a strategy, the report added.
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