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The Latest Breaking News from Carlos Tavares

Stellantis Stock Falls as CEO Departs: What Investors Should Know

STLA stock is down more than 2% after the resignation of CEO Carlos Tavares, and the company's inventory problems are likely to dampen investor interest

MarketBeat

Why General Motors Just Took A $5 Billion Hit In China

For much of this year, we've been covering the rise of the Chinese auto industry as primarily a problem for the European auto industry. Every car company has lost sales in their biggest market as the local competition got better and better, but Volkswagen and others have to do battle…

InsideEVs

Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits

Company is at loggerheads with Italian government, which claims it has not invested enough in the country

The Guardian - UK

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Volkswagen workers stage mass protest across Germany

Volkswagen employee representatives say workers should not bear the brunt of management’s failure to produce appealing products

The Independent UK

Stock Of The Day: Stellantis Faces Uncertainty, But Could Support Trigger A Rally?

Stellantis N.V. (STLA) are trading lower after the CEO resigned. They are getting close to a support level. Technical traders sense profits.

Benzinga

Stellantis’s Carlos Tavares: the hard-driving boss ejected from global carmaker

Firm rejects ruthless approach of former chief executive known for pushing for bigger profits

The Guardian - UK

Stellantis' Market Value Halves In 2024: Why CEO Tavares' Exit Could Take Things From Bad To Worse

Stellantis struggles in 2024, with stock down 47%, CEO Carlos Tavares' unexpected resignation and challenges in EV sales and competition. Analysts warn of leadership uncertainty and internal/external pressures.

Benzinga

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FTSE 100 finishes in the green after hitting one-month high

The index rose after news of a jump in house prices in November, before falling back later in the day.

Evening Standard

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.

International Business Times

US commits to $7.54 billion loan for Stellantis venture 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

The Independent UK

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 executives get to where they are by making friends everywhere they go. But Tavrares was somewhat unique in how much he managed to make everyone mad at him; the…

InsideEVs

Stellantis CEO Carlos Tavares Resigns Amid Disappointing Sales

Stellantis CEO Carlos Tavares resigns amid sales decline and criticism, prompting strategic changes in response to market pressures and internal dissent.

Top News

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Fortune

How Darwinism made and broke ‘samurai’ Stellantis CEO Carlos Tavares

Carlos Tavares is a self-confessed petrol head who turned around Peugeot but fell victim to a global EV downturn at Stellantis.

Evening Standard

Shares in Vauxhall owner Stellantis tumble after top boss quits abruptly

The car-making giant announced plans last week to shut its Luton van-making factory next April, putting more than 1,100 jobs at risk.

InsideEVs

Stellantis CEO Carlos Tavares Quits Amid Strategy Dispute

Carlos Tavares has suddenly resigned from his position as Chief Operating Officer at Stellantis, one of the largest car manufacturers in the world. The decision was announced yesterday evening and the board of directors has already accepted Tavares’ resignation.

International Business Times

Stellantis CEO Tavares Pushed Out As Profit Slumps

Stellantis chief executive Carlos Tavares on Sunday resigned "with immediate effect", the auto giant announced, signalling differences over how to confront the group's profit slump.

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The Guardian - UK

Stellantis chief executive Carlos Tavares resigns as carmaker struggles

Company, which makes Jeep, Fiat and Peugeot vehicles, says it aims to find new leader in first half of 2025

Motor1

Stellantis Boss Carlos Tavares Suddenly Resigns

The first and only Stellantis CEO, Carlos Tavares, resigned today. Although the automotive conglomerate is in dire straits, the announcement is still shocking. Less than two months ago, a press release stated that the controversial Portuguese businessman would end his five-year contract in early 2026. However, that won’t be the…

The Independent UK

Stellantis CEO Carlos Tavares resigns as maker of Jeep and Dodge struggles with slumping sales

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales

InsideEVs

Ram 1500 REV And Ramcharger Delayed To 2025

The Ram 1500 REV all-electric pickup truck debuted back in February 2023. The Ram 1500 Ramcharger extended-range EV followed in November 2023. Both were supposed to go on sale in the fourth quarter of this year, but as you might have noticed, that hasn’t happened yet.

Motor1

Ram 1500 REV and Ramcharger Delayed to 2025

In recent years, we’ve noticed an annoying trend. Automakers have developed a bad habit of revealing new models they don’t intend to have on sale for a long time. In some cases, it takes more than a year from the moment a vehicle is revealed until it actually hits the…

The Independent UK

About 1,100 workers at Toledo, Ohio, Jeep plant face layoffs as company tries to reduce inventory

About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes further steps to cut high inventory at dealers

The Guardian - UK

Stellantis reports slump in car sales as European demand falls

Owner of Fiat, Chrysler and Peugeot brands pushes back against rules that force sale of more electric vehicles

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