TURIN, Sept 17 (Reuters) - Stellantis ( STLA ) has
already taken measures and is working hard to avoid the risk of
plant closures facing rival Volkswagen, the
carmaker's CEO Carlos Tavares said on Tuesday.
"We have done many unpopular things over the last few years
to avoid as much as possible" a situation similar to
Volkswagen, Tavares said.
"We have been criticised for that, for taking decisions
which were ... not always well understood," Tavares said, adding
the key was to sell electric vehicles at the same prices as
traditional petrol models.
Earlier this month Europe's largest automaker Volkswagen
announced it was considering for the first time in
its history to close factories in home country Germany.
Volkswagen's announcement has triggered speculation that
more European automakers could assess similar moves to respond
to low factory utilisation rates in the region, increasing price
pressures from Asian rivals and a tougher economic environment.
"We are working very very hard to avoid that situation and
the future will say if we are going to be able to avoid any
trouble or not, too soon to say today," Tavares told reporters
after inaugurating a global hub for the group's commercial
vehicle unit Pro One, in Turin, Italy.
Between 2021 - when it was formed through the merger of Fiat
Chrysler and Peugeot maker PSA - and 2023, Stellantis ( STLA ) cut its
workforce by almost 20,000 in Europe, mostly through voluntary
redundancy.