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Stellantis sees (small) benefits again in Q1 2026 but continues its cost-control measures
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Stellantis sees (small) benefits again in Q1 2026 but continues its cost-control measures
Stellantis CEO Antonio Filosa said the automaker will implement a global cost-cutting program as he seeks to build on his recovery plan, which delivered a €377 million first-quarter profit after a €387 million loss a year earlier. Filosa did not offer specifics about the cost-control measures, which he called the Value Creation Program, or VCP, except to say that it would focus mainly on North America and Europe and that its targets would be “am…
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