How Stellantis CEO’s Cost-Cutting Mantra Cost Him His Job
Stellantis stock lost a further 6% Monday. Despite the challenges, Stellantis’s board had given Tavares its unanimous backing to turn the automaker around as recently as October. Since then, his renewed pursuit of cost savings and other efficiencies inflamed already fractious relations with dealers,
Stellantis Says Goodbye To 'Performance Psychopath' CEO
Carlos Tavares, a self-proclaimed "performance psychopath" who drove auto giant Stellantis with aggressive cost-cutting and high car prices, reached the end of the road as CEO when his strategy hit a dead end.
Stellantis CEO Carlos Tavares resigns
Stellantis Chief Executive Carlos Tavares has resigned, the automaker said on Sunday, adding it aimed to find a new head in the first half of 2025.
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
MILAN/DETROIT, Dec 1 (Reuters) - Stellantis (STLAM.MI) Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year.
Stellantis’ shares drop after Carlos Tavares’ sudden exit as CEO
Stellantis’ indicated Carlos Tavares’ views had become misaligned with those held by the company’s board and shareholders
Tavares resigns as Stellantis CEO after company struggles for months
Carlos Tavares, who had been under fire and was expected to leave at the end of his contract, resigned abruptly on Sunday.
Stellantis Shares Hit Following Resignation Of CEO Carlos Tavares
Stellantis N.V. announced that Chief Executive Officer Carlos Tavares has resigned on Sunday with immediate effect, following
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Stellantis' Market Value Halves In 2024: Why CEO Tavares' Exit Could Take Things From Bad To Worse
Tavares became CEO of Stellantis in January 2021, overseeing the merger of France's PSA Group and Italy's Fiat Chrysler ...
Seeking higher margins, Stellantis CEO Tavares lost some core customers
Tavares, who had led Stellantis since it was forged in January 2021 from the combination of Peugeot-owner PSA and Fiat ...
Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like ...
Billionaire Fiat heir assumes control of Jeep and Ram parent Stellantis after embattled CEO Carlos Tavares exits
John Elkann, 48, is heir to the illustrious Agnelli family that founded Fiat, the closest thing Italy has to royalty and ...
Stellantis Keeps Slashing Car Output in Italy Over EV Slump
Stellantis NV is reducing output in Italy starting next week due to weak demand for the electric and luxury cars it’s ...
Exit lane: Carlos Tavares steps down from Stellantis
Carlos Tavares has resigned as the CEO of Stellantis, one of the world’s largest carmakers, following months of tension with ...
Stellantis to halt auto production at Italy's Mirafiori plant in December
Stellantis will halt again auto assembly operations at its Mirafiori plant in Italy, which makes the electric Fiat 500 and ...
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Stellantis to halt production in Italy amid investment discussions – report
The Termoli engine plant will pause from 16 to 22 December, while the Cassino auto factory will halt on 29 November.