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Carlos Tavares resigns at Stellantis
Boss of car making giant Stellantis abruptly quits
The boss of car-making giant Stellantis, Carlos Tavares, has quit with immediate effect following a boardroom clash. His abrupt exit from the company - which owns brands including Vauxhall, Jeep, Fiat, Peugeot and Chrysler - comes two months after Stellantis issued a profit warning.
Stellantis CEO Carlos Tavares Has Abruptly Resigned
The company will be run by an executive committee headed by Stellantis Chairman John Elkann before a new CEO is selected in the first half of 2025.
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
Samsung, Stellantis
Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.
US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants
The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV battery plants.
Stellantis-Samsung JV gets $7.5 billion U.S. government loan for EV battery plants in Indiana
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric-vehicle battery plants in Kokomo, Ind.
1h
on MSN
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 ...
2h
on MSN
‘Samurai’ ex–Stellantis CEO Carlos Tavares can thank Darwinism for his rise—and for his swift fall
Carlos Tavares is a self-confessed petrol head who turned around Peugeot but fell victim to a global EV downturn at ...
1h
on MSN
Almost £3bn wiped off Stellantis as electric vehicle crisis grows
More than €3.3bn (£2.7bn) was wiped off the value of Stellantis after its boss quit abruptly amid struggles to make the shift ...
4h
on MSN
Stellantis' CEO Is Gone Ahead Of 'A Big Year' With A Huge List Of Problems
I think now-former Stellantis CEO Carlos Tavares was an interesting figure for just how unpopular he was. Sure, very few top ...
3h
on MSN
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 ...
6h
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 ...
1h
Stellantis CEO Tavares quits: Why his EV bet sparked his departure
Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising ...
5h
Stellantis boss abruptly quits in boardroom clash
The boss of car-making giant Stellantis, Carlos Tavares, has quit with immediate effect following a boardroom clash. His ...
AFP on MSN
3h
Stellantis says goodbye to 'performance psychopath' CEO
Carlos Tavares, a self-proclaimed "performance psychopath" who drove auto giant Stellantis with aggressive cost-cutting and ...
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