Stellantis will make a “correction” to its UK business in the coming weeks in response to the damage the government’s zero-emissions vehicle (ZEV) mandate has done to profitability.
Company CEO Carlos Tavares told Autocar at the Paris motor show that the exact response was being decided this week.
“I will be very specific very soon,” he said. When asked for a timeframe, he said: “In the next few weeks.”
Tavares has been heavily critical of the mandate, which requires car makers to have a 22% share of EV sales this year or face a £15,000 fine per vehicle that doesn’t comply.
