ConsumerEngagement

Stellantis Challenges Myths: Auto Industry Doesn't Need Defense Against Upheaval

2 months ago

In a bold statement, Stellantis CEO Carlos Tavares has expressed a firm belief that the auto industry can thrive without the protective measures typically discussed in discussions about market disruptions. In a recent interview, Tavares underscored that the automotive sector is more than capable of navigating its way through significant transformations, regardless of economic conditions or technological advancements. This assertion comes at a critical time when the industry grapples with a multitude of challenges, including electrification and shifting consumer preferences.

Mattel's Strategic Cuts Propel Profit Amid Barbie Sales Dip

7 months ago

In a landscape marked by fluctuating consumer interests, Mattel has reported a surprisingly robust financial performance for the third quarter, propelled primarily by cost-cutting measures initiated by CEO Ynon Kreiz. Despite this success, the toy giant confronted a notable decline in Barbie sales, a key market segment which had seen unprecedented growth following the release of the recent Barbie movie.