Vincent Cobée is a French businessman, and the chief executive officer (CEO) of French carmaker Citroën since January 2020. Cobée graduated from Harvard Business School, École Polytechnique, Ecole Nationale des Ponts et Chaussées. Cobée, who has previously worked for Nissan and Mitsubishi and was Citroen’s deputy CEO, succeeded Linda Jackson as CEO in January 2020. Many fans are curious to know How much is Vincent Cobée net worth? Is he a millionaire? Visit this page to learn about Cobée net worth, salary, family, age, and many more other details:
Details about Vincent Cobée family, career and biography
The 51-year-old Vincent Cobée holds degrees from Harvard Business School, Ecole Nationale des Ponts et Chaussées, and Ecole Polytechnique. He started working in public works in France and Singapore in 1991. In 1996, he moved to Canada to work for Egis Projects as the New Projects Manager. In 1997, he was transferred to the Philippines and advanced to the position of Project Director for the business.
When he joined Nissan Motor Corporation in 2002, his expertise in the automobile industry officially began. He had a number of critical positions there, including Program Director for Nissan in Japan after serving as Purchasing Director for Nissan Europe in 2005. (2008). He became the leader of the Datsun brand in 2010, then again in 2017.
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He was appointed executive director of brand and product strategy for Mitsubishi Motors, a Japanese company, in 2017. Linda Jackson was replaced as managing director of Citroen in January 2020 by Vincent Cobée, who had previously served as deputy managing director.
Carlos Tavares Chairman of the Managing Board said: “After six years leading the Citroën brand, establishing successfully its new positioning, increasing sales volume and market share in Europe, and preparing the international offensive, I am pleased to announce that Linda Jackson, with her great brand building experience, is taking up this new responsibility within the Group.”
How much does he make from his career? Salary
His compensation for the 2014 financial year amounted to €2.75 million, including €1.61 million in variable compensation and €975,000 in fixed compensation. In 2015, the remuneration of 5.24 million euros includes 1.93 million euros in the variable part and 1.3 million euros in the fixed part.
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How much is Brand Chief Executive Officer of Citroën Vincent Cobée net worth?
As of now, Vincent Cobée net worth may surprise you. Vincent Cobée, the head of Citron, said he will only replace the C3 super mini with a small electric vehicle when it is possible to offer it at a price that is competitive with petrol-powered vehicles in the same sector. The auto industry will need to address inflation, market the fact that EVs retain their worth over time, increase efficiency, and, most significantly, avoid building batteries that are overly huge in order to do this.
Cobée’s remarks were made during the e-C4 X saloon’s launch earlier this month, before a report in The Times today stating that Kia has no immediate plans for a mass-market electric car due to the challenge of producing them in a financially feasible manner.
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In 2018, Kia sold 16,000 electric vehicles, making it the sixth-largest automaker in the UK. In 2023, Kia wants to sell 20,000 EVs. But according to Paul Philpott, the chief executive of Kia UK, a cheap compact car is not in the company’s plans because making a profit on small EVs is challenging because of the high cost of the batteries. A higher share of the cost of manufacture goes toward the battery in smaller cars.
Cobée argued that the industry was misunderstanding its approach and potentially letting Chinese producers to gain market share by failing to lower the price of EVs made in Europe. The new MG4, which SAIC manufactures in China and sells for as little as £26,995, is the first significant disruptor.
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