- New Nouns
- Posts
- A Jeep in Wolf's Clothing
A Jeep in Wolf's Clothing
Dodging accountability
A Jeep in Wolf’s Clothing
In case you missed it, the CEO of Stellantis (maker of Jeep/Dodge/Chrysler) is being absolutely raked over the coals for his self-beneficial, profit-driven leadership lately.
Sales between July and September are down almost 20% from last year, and every brand but Fiat is reporting negative growth.
Fiat is the biggest in something. Hillarious.
In an open letter from the National Dealer Council, Chairman Kevin Farrish seemed to put the focus on prioritizing profit over health. Read the full letter here.
In 2023, you engineered a record year of profitability for Stellantis, earning you the title of the highest-conpensated automotive CEO. You personally earned a record amount of almost forty million dollars that year. Unfortunately, the engineering and structuring of that year have led us to exactly where we told your executives we would be today.
[…]
The bill has come due for the decisions that you made to engineer those profits in 2023, and your attempt at a soft landing on the backs of your employees, your dealers, and your suppliers is frankly just wrong.
You tell ‘em Kev.
We will see how they choose to move forward, but for now, things look more like a douchy teenage bro who got their door-less wrangler stuck in the mud trying to impress a girl. Someone at least save the rubber ducks.
I hope you have a better weekend than the Stellantis executive team is probably having.
be good
and I mean GOOD.
z
