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Stellantis CEO Tavares pushed out
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, the closest thing Italy has to royalty and often compared to the Kennedys owing to its history of fame, charisma, and tragedy.
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
Stellantis 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. The company said it would seek to find a replacement CEO in the first half of 2025.
Carlos Tavares Steps Down as CEO of Jeep-Maker Stellantis
The global automaker’s sales in North America declined over the past year because of high-cost models that dealers struggled to sell.
1m
Stellantis and Samsung will get $9.4 billion to build battery factories in US
The loan, from the Biden administration, was designed to withstand Republican attacks. Read more at straitstimes.com.
10h
Stellantis dealers glad Tavares is out, but now concern grows for the future
Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...
1d
Jeep and Fiat Maker Stellantis' CEO Quits Early Over Strategy Dispute
Stellantis NV Chief Executive Officer Carlos Tavares, known for his cost-cutting drive, stepped down from the automaker ...
18h
Stellantis CEO Carlos Tavares resigns from struggling carmaker
Carlos Tavares is stepping down as Chief Executive Officer of Stellantis, effective immediately, following a sharp decline in ...
14h
Why Stellantis's CEO Is Out, and What That Means For the Stock
On Sunday, Stellantis (NYSE: STLA) announced that it had parted ways with CEO Carlos Tavares, who had led the company since ...
16h
on MSN
Stellantis' CEO is out after a tumultuous year. Here's how things got so bad at the Jeep maker.
Stellantis CEO Carlos Tavares resigned from his position after months of pressure from various stakeholders to fix falling ...
23h
Breakingviews: New Stellantis CEO’s first job is a US reset
The Stellantis (STLAM.MI), opens new tab CEO’s abrupt departure on Sunday arguably qualifies as a necessary evil, given the ...
20h
on MSN
Stellantis CEO Carlos Tavares resigns abruptly 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.
20h
Stellantis Stock Sinks After Jeep Maker's CEO Resigns
Stellantis shares tumbled following the carmaker's announcement that CEO Carlos Tavares resigned, effective immediately.
22h
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 ...
16h
on MSN
Carlos Tavares, Stellantis CEO, Resigns
The chief executive of the automaker Stellantis, Carlos Tavares, has resigned, the company said on Sunday, amid a decline in ...
Hosted on MSN
1d
Stellantis CEO resigns suddenly just days after closing Vauxhall's Luton plant amid 'different views'
Carlos Tavares, CEO of Vauxhall owner Stellantis, has resigned with immediate effect, just days after the announcement that ...
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