Stellantis CEO worries about cost, demand for EVs

NEW YORK – If a worker at a Stellantis engine plant gets a job offer from one of the automaker’s new battery plants,  “run” to take it, the automaker’s CEO advised in an interview at the New York auto show Wednesday.

Stellantis CEO Carlos Tavares speaks during a keynote address at the Consumer Electronics Show (CES) in Las Vegas, on Jan. 5, 2023.

The transition from traditional petroleum-burning to electric vehicles is very much on Tavares’ mind as he plots a path for Stellantis’ 14 brands and 100 models.

The auto industry is changing, and Tavares doesn’t claim to know what it’ll look like next.

“Some jobs will be disrupted; some will be created.”

He’s not overly concerned about this year’s contract talks at Stellantis’ U.S. operations, which build and sell Ram, Jeep, Dodge, Chrysler, Fiat and Alfa Romeo vehicles.

“All over the world, we have very interesting and open dialogue with unions.” he said. “All the risks today are external to the company: Inflation, semiconductor (shortages), harsh regulations,” accelerating the move to EVs.

“I’m not concerned about a strike,” Tavares said. “I’m not the decision maker,” suggesting that if there’s a strike, the responsibility will lie with the union.

Stellantis’ U.S. union workers just banked $14,760 profit sharing checks.

“We’ve got a great working relationship,” Stellantis North American COO Mark Stewart said. “Over the years, we’ve come to solutions that work” for the company and its employees.

Stellantis is “fine with” its new battery plants having union representation for employees, but “it’s not our decision,” because they’re joint ventures with foreign battery makers, he said.