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Stellantis Stock Tumbles
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.
Stellantis Stock Tumbles After CEO Resigns. This Sealed His Fate.
While Stellantis stock has fallen sharply in 2024, that wasn’t what led to Sunday’s announcement that CEO Carlos Tavares had resigned. “Our thanks go to Carlos for his years of dedicated service and the role he has played in the creation of Stellantis,
Why did Stellantis boss Carlos Tavares resign? And what did he achieve?
The global boss of mega-conglomerate Stellantis, Carlos Tavares, has suddenly resigned. Or been pushed. There is no official line on why, other than that he and most of the rest of the board had a disagreement over strategy.
Stellantis, Samsung
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.
Stellantis will get $7.54 billion to build 2 electric vehicle battery plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana.
Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories
The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery factories in the US. This time, a joint venture between Stellantis and Samsung SDI will receive $7.
18h
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
on MSN
Boss of car making giant Stellantis abruptly quits
Carlos Tavares' abrupt exit comes two months after Stellantis issued a profit warning. Last week, the firm also announced ...
electrive
8h
Stellantis brand DS teases new electric car DS N°8
The Stellantis brand DS plans to unveil its first all-electric model this year and is gradually releasing the first details.
3h
Stellantis Needs To Put America First - A Tough Sell To Its European Shareholders
Stellantis’ shareholder structure, including European governments and family owners, lacks alignment on prioritizing the U.S.
7h
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.
1d
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 ...
13h
on MSN
Electric car crisis sparks calls to dismantle ‘Frankenstein’ Vauxhall owner
Just nine months ago, Carlos Tavares looked like one of the most unassailable chief executives in the automotive business.
21h
on MSN
Car industry suffers another breakdown: Vauxhall-owner Stellantis shares plunge as boss quits
Stellantis's stock, tumbled 6.3% to its lowest level in more than two years after boss Carlos Tavares (pictured), ...
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