Carlos Tavares - PSA Peugeot Citroën

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Last quote by Carlos Tavares

A certain number of good achievements have been made under General Motors' leadership, but we must recognise that the losses are real and probably will be again in 2017.feedback
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May 10 2017 General Motors
Carlos Tavares has been quoted 70 times. The one recent article where Carlos Tavares has been quoted is Peugeot's Tavares sees Opel racking up more losses in 2017. Most recently, Carlos Tavares was quoted as having said, “But we must recognize that the losses are real and probably will be again in 2017.”.
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Carlos Tavares quotes

We want to give them all the good ideas, the best practices that we have implemented in our own plans and I'm sure they are bright, well-educated and they will understand it is in their best interests to 'copy paste' everything they can from everything we have done so far.feedback

The most convincing argument that we can send to them is to show them what we have done at PSA over the last four years. Everybody knows the turnaround, everybody can see the results…Because we have succeeded in our own turnaround we may have a chance to help Opel to become also a great company. Since I took the helm of PSA we didn't shut down any plant by PSA. This is not how we address the problem. I think shutting down plants is a simplistic way of looking at things. Before we reach that kind of dramatic situation, we have tonnes of things we can do to improve the efficiency of the plants.feedback

In the event of a hard Brexit, the fact that we have a UK footprint supplying the UK market with significant custom duties all around would be a good thing, don't you think?feedback

Our job is to continue with the momentum. I would prefer that we don't speculate on the future. The worst can always happen, but we are fighting for the best. We have reduced the break even [at PSA] by one million invoices (cars), which makes a stronger company... We will apply the same lessons and best practises at Opel Vauxhall as we have at PSA.feedback

I am telling you that it is a strategic opportunity. In the event of a hard Brexit, the fact that we have a UK footprint supplying the UK market with significant custom duties all around would be a good thing, don't you think? The brand will be managed by the Opel and Vauxhall people, and the pricing is also their responsibility. They will soon discover that it is important to have a healthy revenue as well. But I want to clearly state that we do not intend to come to Opel/Vauxhall with a pre-cooked plan. They will make their own turnaround plans with best practises from PSA.feedback

We want to create a European automotive champion from the combination of a French and a German company. We are indeed committed to these two iconic brands with their respective German and British heritage. We're confident that the Opel-Vauxhall turnaround will significantly accelerate with our support. If it is a hard Brexit, perhaps, in terms of strategy, it is going to be a very nice opportunity to be able to source the UK from the UK. This may look to you a little bit romantic.feedback

We are proud to join forces with Opel/Vauxhall and are deeply committed to continuing to develop this great company and accelerating its turnaround. We see this as a natural extension of our relationship and are eager to take it to the next level.feedback

There is... Brexit and the risk and the opportunity to have inside of the UK some manufacturing plants in case we have a hard Brexit. All of this represents opportunities that we want to tackle.feedback

We are proud to join forces with Opel/Vauxhall and are deeply committed to continuing to develop this great company and accelerating its turnaround. We respect all that Opel/Vauxhall's talented people have achieved as well as the company's fine brands and strong heritage. We intend to manage PSA and Opel/Vauxhall capitalising on their respective brand identities. Having already created together winning products for the European market, we know that Opel/Vauxhall is the right partner. We see this as a natural extension of our relationship and are eager to take it to the next level.feedback

We are proud to join forces with Opel/Vauxhall and are deeply committed to continuing to develop this great company and accelerating its turnaround. We respect all that Opel/Vauxhall's talented people have achieved as well as the company's fine brands and strong heritage. We intend to manage PSA and Opel/Vauxhall capitalizing on their respective brand identities. Having already created together winning products for the European market, we know that Opel/Vauxhall is the right partner. We see this as a natural extension of our relationship and are eager to take it to the next level.feedback

We are confident that the Opel/Vauxhall turnaround will significantly accelerate with our support, while respecting the commitments made by GM to the Opel/Vauxhall employees.feedback

Opel Vauxhall was prevented until now to sell overseas. There is an export potential opportunity for us. There is also the Brexit and the risk and the opportunity to have inside of the U.K. some manufacturing plants in case we have a hard Brexit. All of this represents opportunities that we want to tackle.feedback

We're confident that the Opel-Vauxhall turnaround will significantly accelerate with our support.feedback

We do not need to shut down plants … Shutting down plants is rather simplistic.feedback

We do not need to shut down plants … We believe we need to trust the talents of people. They always come up with ideas and solutions we could not imagine … Shutting down plants is rather simplistic.feedback

We are proud to join forces with Opel/Vauxhall and are deeply committed to continuing to develop this great company and accelerating its turnaround.feedback

Business ethics means that entering this deal, any agreement existing in the Opel Vauxhall company, especially all the deals with the unions, will be respected. This is not tactical, this is ethics. If there is an agreement, we respect it.feedback

Everybody will have a chance to reach the benchmark in terms of efficiency and as we are progressing towards the benchmark and efficiency we do not need to shut down plants. Shutting down the plant is rather simplistic.feedback

Opel has been making red ink for 10 years, and burning approximately 1 billion in cash every year. We believe we can help.feedback

There is significant complementarity in terms of customer consideration between the German Opel brand and our three French brands. This company needs help. What we see today with the situation of Opel ... has a lot of similarities with what we were facing four years ago. When you look at the product plan you see that you can in a quite speedy way implement quite significant synergies.feedback

When you look at the product plan you see that you can, in a quite speedy way, implement significant synergies. This company needs help. Opel's been losing money for ever, it's sub-critical mass and there's no interesting technology. But on the upside, a lot of the technical work is already done.feedback

There can be no compromise on safety, which is absolutely crucial - that is why at PSA we've always believed autonomy will happen in incremental steps. This is not the case for certain competitors who have tried to produce a fully autonomous vehicle right away.feedback

This is the kick-off for the implementation of the deals we have signed.feedback

I am delighted with this collective success. It puts our company back in the race and proves its potential.feedback

We are very positive and very happy to sign this agreement. We expect that from late 2017, we will be able to introduce three brand new products with new technology, with updated technology to support our Iranian customers and we will make sure that we invest the appropriate capacity up to 200,000 cars a year in our plan with our partner Iran Khodro.feedback

In Europe, we expect slight growth, and for now things are going more or less in this direction.feedback

Everything we have seen so far from the presence of the French state on our competitor's board seems to indicate concretely that things can be done.feedback

There is a lot of uncertainty on global markets, difficulties in Russia and instability in Latin America.feedback

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