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Stellantis falls 7% in Paris
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.
Leadership Turmoil: What Tavares' Resignation Means For Stellantis
Stellantis CEO Carlos Tavares resigned amid strategic disagreements and financial mismanagement. Read more to see my recommendation for STLA stock.
Stellantis falls 7% in Paris after CEO Tavares resigns
(Reuters) -Paris-listed shares in Stellantis slumped by over 7% on Monday after chief executive Carlos Tavares resigned abruptly on Sunday. Stellantis said it would seek to find a replacement CEO in the first half of 2025 and would establish a new interim executive committee helmed by Chairman John Elkann.
Stellantis Reels
Stellantis dealers relieved after CEO departs: 'Change was needed'
The Chrysler, Dodge, Jeep and Ram retailers watched pricey and older cars pile up on their lots this year, and felt Carlos Tavares wasn't listening.
Stellantis Reels After CEO’s Early Departure Leaves Void
Stellantis NV Chief Executive Officer Carlos Tavares’s surprise departure leaves the maker of Jeep SUVs and Peugeot cars without clear leadership at a time of significant upheaval in the industry.
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 competition from Chinese car makers. His departure highlights the mounting challenges for legacy carmakers in the EV transition.
2h
Stellantis denies report about picking Apple's Maestri as new CEO
French-Italian car maker Stellantis on Wednesday denied a report in Corriere della Sera daily that it planned to name ...
20h
on MSN
Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right now
The auto industry is battling slowing EV demand, rising Chinese competition, and potential tariffs on Mexican imports.
14h
Chrysler’s History Of Rough Marriages As Stellantis CEO Quits
Chrysler has gone through a series of rough corporate marriages. What's next after Stellantis CEO Carlos Tavares suddenly ...
2h
on MSN
Stellantis chairman to pick Apple CFO Maestri as carmaker's new CEO - paper
Stellantis' Chairman John Elkann plans to name Luca Maestri, the outgoing CFO of Apple, as the new CEO of the Italian-French ...
17h
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.
1d
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
Why Stellantis's CEO Is Out, and What That Means For the Stock
Until a new CEO is hired, the company will be led by an interim executive committee chaired by John Elkann. Elkann, the great ...
9h
Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year
A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis ...
1d
New Stellantis CEO’s first job is a US reset
The carmaker said it hopes to conclude a hunt for Tavares’ replacement by the first half of 2025. In the meantime, John ...
15h
on MSN
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 ...
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