DETROIT — The chief operating officer in North America for the maker of Jeep SUVs and Ram trucks says the automaker's break-even point is below 30% of revenue in the region.
Stellantis NV CEO Carlos Tavares has emphasized the automaker's goal to keep its overall break-even point below 50% to make the transition to a sustainable tech mobility company and weather economic downturns as signs points to changing demand patterns for pricey pickups and other vehicles. From energy efficiencies to its supply chain costs and production quality, Stellantis has emphasized cost-cutting measures over years to get to that level, COO Mark Stewart said on Monday at the Automotive News Congress.
"We are in a very good position for recessionary time in terms of the ability to weather through that," Stewart said.
