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Stellantis Stock Sinks
Stellantis' CEO is out after a tumultuous year. Here's how things got so bad at the Jeep maker.
Stellantis CEO Carlos Tavares resigned from his position after months of pressure from various stakeholders to fix falling sales.
Stellantis Stock Sinks After Jeep Maker's CEO Resigns
Key Takeaways Stellantis shares tumbled following the carmaker's announcement that CEO Carlos Taveras resigned, effective immediately.The struggling company expects to name a replacement next year.Stellantis also reiterated its 2024 outlook after warning that U.
Stellantis CEO Carlos Tavares Steps Down From Jeep Maker; Shares Slide
The global automaker’s sales in North America fell over the past year as dealers struggled to sell high-cost models.
5h
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
MILAN/DETROIT (Reuters) -Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit ...
10m
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
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 ...
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