Stellantis reduces number of outlets in France
2023.01.04 14:00
Stellantis reduces number of outlets in France
Budrigannews.com – The automaker said on Wednesday that Stellantis will eventually close about one in five retail locations in France. The company is trying to reorganize its distribution network to cut costs and get ready for the electric car era.
The Franco-Italian conglomerate, which owns Peugeot (OTC:), As automobiles become increasingly software-driven and electrified, Citroen and Fiat are vying for greater flexibility in their sales networks in order to respond to emerging trends and customer demands.
Guillaume Couzy, Stellantis’s country manager for France, stated, “We will have fewer physical sites,” but added that there would be “just as much or even more” contact between the company’s brands and potential customers.
He went on to say that the dealerships the company will open in the future will be more multi-brand, giving customers access to more of the eight brands Stellantis sells in Europe.
The “New Retailer Model,” the company’s plans for reorganizing its business relationships with dealerships, are currently in the final stages of discussion.
In 2022, new car sales in France dropped by nearly 8%, and the slight improvement that had been occurring since the summer suddenly stopped in December.
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