In a recent rundown of European automotive shares, Swiss bank UBS judged only one car maker’s stock worth buying: Stellantis.
Its 2025 outlook was published two days after the announcement that Stellantis CEO Carlos Tavares had been ousted – an event that might be seen to have a negative impact on the company.
Tavares was instrumental in stitching together Stellantis from the merger of PSA and FCA in 2021.
