Stellantis dropping brands.

Stellantis CEO, Carlos Tavares, mentioned the group would kill brands that don’t turn a profit.
“If they don’t make money, we’ll shut them down. We cannot afford to have brands that do not make money.”
That is quite a different tone from 2021, when he was saying “The 14 existing brands of the two companies forming Stellantis will remain, and the plan is to use the company’s scale to grow and improve them”.
Profits have taken a dive lately and I guess the suits upstairs are getting nervous. While it does take time to turn things around, especially after the disastrous Marchionne years, investors want profits ASAP. It seems Stellantis has kept its promise of improving its brands. So far, every one of these brands has had new models. Even Lancia saw a new car a few months ago. Fiat seems to be getting a few new models. As well as Opel, Peugeot and Citroen. However, I’m not sure if all of these are actually making a profit for the group. (I also hear DS might be on the chopping block…)
In the US, even though Jeep isn’t making the money it once was, there are at least 3 new models planned. The Wagoneer S we have seen already, as well as the new Jeep Recon. And a mystery all-new Jeep Renegade EV.

Dodge also has an all-new Dodge Charger available in 2 or 4 doors. ICE or EV. And at least one new SUV is on its way after the Charger.

However, there might be bad news coming for good old Chrysler.
While the other US brands have had cool concepts that were actually thinly veiled versions of upcoming production cars, Chrysler showed us the Halcyon. Which is not close at all to a production model in any way. It makes you wonder why, and if they are even actually working on a new production sedan or not.
Last year, there were rumors of another facelift coming for the aging Pacifica Minivan. And possibly an eventual replacement on the Ultium platform later. Again, nothing concrete…
Chrysler has been a survivor for many decades and it would be really sad to see it go.
If Stellantis decided to sell it, I wonder who, besides a Chinese company, would actually be interested…