Stellantis’s Problem Is Ownership Not CEO, Italy’s Salvini Says
The problem at carmaker Stellantis NV is “more about its ownership” rather than former Chief Executive Officer Carlos Tavares, according to Italian Deputy Premier Matteo Salvini.
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 says process to appoint new permanent CEO ‘well under way’
EST Stellantis (STLA) says process to appoint new permanent CEO ‘well under way’Don't Miss our Black Friday Offers:Unlock your investing
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,
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
Stellantis's CEO is out. What could that mean for Windsor?
CBC's Dale Molnar speaks with an auto analyst and Windsor Assembly Plant workers following news that Stellantis CEO Carlos Tavares is stepping aside.
Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say
Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares ...
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Stellantis has moral duty to operate in Italy says Tajani
ROME, DEC 3 - Stellantis has a moral duty to operate in Italy, Foreign Minister Antonio Tajani said after the resignation of CEO Carlos Tavares and amid fears over job cuts amid slumping sales. "I ...
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Car giant Stellantis urged to put Italy’s interests first amid crisis
In today’s edition of the Capitals, find out more about Stellantis being urged to put Italy’s interests first amid the crisis ...
Stellantis denies report about picking Apple's Maestri as new CEO
Stellantis' Chairman John Elkann plans to name Luca Maestri, the outgoing CFO of Apple, as the new CEO of the Italian-French ...
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Stellantis sales in Italy down 24.6% in November
Stellantis's Italy sales were down 24.6% to 30,817 vehicles in November compared to the same month in 2023, the carmaker said ...
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Stellantis Market Value Halves In 2024: Why CEO Tavares' Exit Could Take Things From Bad To Worse
Tavares became CEO of Stellantis in January 2021, overseeing the merger of France's PSA Group and Italy's Fiat Chrysler ...
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Stellantis to halt production in Italy amid investment discussions – report
The Termoli engine plant will pause from 16 to 22 December, while the Cassino auto factory will halt on 29 November.
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Stellantis Luxury Brand DS Reveals Its Upcoming N°8 Flagship's High-Tech Cabin
Stellantis luxury brand DS is preparing a new flagship crossover named N°8, and the first pictures of the interior reveal a ...
Stellantis CEO Carlos Tavares forced out as global automakers escalate job cuts
Tavares was forced out a year before the end of his contract due to falling profits and what appears to be his failure to cut ...
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 Keeps Slashing Car Output in Italy Over EV Slump
Stellantis NV is reducing output in Italy starting next week due to weak demand for the electric and luxury cars it’s ...
Stellantis chief’s exit pay deal to be below last year’s €36.5mn package
Former chief executive Carlos Tavares and Stellantis agreed an exit pay deal below his €36.5mn package last year, with a large part of his performance-based remuneration lost because of the car ...