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 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.
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-great-grandson of Fiat founder Giovanni Agnelli, is Stellantis's chairman and the CEO of the automaker's largest shareholder, the Agnelli family investment vehicle Exor NV.
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.
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 Elkann, Stellantis chairman and CEO of its largest shareholder Exor, will lead a new interim executive committee.
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.
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 ...
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.
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 ...
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 ...
Newly appointed North American chief Filosa among those considered for Stellantis CEO
Stellantis Chairman Elkann leads a committee of 10 to search for a successor to Carlos Tavares, who resigned on Sunday.
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.
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 ...
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 ...