French Auto Giants React to Government's Shock Tax Plan

Amidst economic uncertainty, the French automotive sector braces for significant changes in taxation. The new Barnier government's proposed increase in the malus tax on thermal vehicles and decrease in the bonus for electric vehicles has sparked debate. In exclusive interviews, Luca de Meo, CEO of Renault, and Carlos Tavares, CEO of Stellantis, shared their perspectives on the situation. De Meo expressed confidence in Renault's position, highlighting previous growth. Tavares emphasized the need to support the average consumer in purchasing electric vehicles at competitive prices. He also acknowledged the challenges faced by the industry, stating that the current project needs improvement. The proposed tax changes are expected to have a significant impact on the industry, consumers, and the transition to electric vehicles.

nss magazine

Kering: nuovo CEO italiano in arrivo

Luca de Meo verso la guida di Kering: svolta per il gruppo del lusso tra crisi, rilancio e nuove strategie operative.