03:56 PM EST, 11/18/2024 (MT Newswires) -- Stellantis ( STLA ) is ready to adapt to anticipated shifts in the US automotive sector under a potential Trump administration, with a platform designed to accommodate electric, hybrid, and gasoline models, Reuters reported Monday, citing Stellantis ( STLA ) CEO Carlos Tavares.

The chief executive emphasized Stellantis' ( STLA ) ability to adapt to varying regional demands amid reports that President-elect Donald Trump's team plans to eliminate the $7,500 tax credit for electric vehicle purchases as part of broader tax reforms.

Stellantis ( STLA ) will present its "multi-energy" base platform for pickup trucks in the US market this week, the media outlet reported, citing Tavares.

Stellantis ( STLA ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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