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Stellantis CEO Carlos Tavares abruptly quits

MarketWatch · 2h

Stellantis shares drop after Carlos Tavares’s sudden exit as CEO

Stellantis' indicated Carlos Tavares' views had become misaligned with those held by the company's board and shareholders

Euronews on MSN · 5h

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.

Big 3 shakeup: Michigan reacts as Stellantis' CEO Carlos Tavares suddenly resigns

John Maynard did not expect the CEO of his company to resign suddenly, but he sure was welcoming it. "About time," said Maynard. "The things he's been doing just doesn't sit right for me."

Samsung, Stellantis and EV

Detroit Free Press on MSN · 34m

US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants

The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.

Newsweek on MSN · 5h

US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants

The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV battery plants.

MarketWatch on MSN · 5h

Stellantis-Samsung JV gets $7.5 billion U.S. government loan for EV battery plants in Indiana

A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric-vehicle battery plants in Kokomo, Ind.

1hon MSN

Stellantis dealers glad Tavares is out, but now concern grows for the future

Then, they want a new CEO to put the transformation to electric vehicles front and center. Finally, some analysts said the ...

2hon 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 ...

2h

3 things the next Stellantis CEO will need to fix

The Stellantis 2024 roller coaster hit a new low with CEO Carlos Tavares’s abrupt resignation. Here are three areas a new CEO ...

4hon MSN

How Stellantis CEO’s Cost-Cutting Mantra Cost Him His Job

Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.

10h

Breakingviews: New Stellantis CEO’s first job is a US reset

Carlos Tavares is out. The Stellantis CEO’s abrupt departure on Sunday arguably qualifies as a necessary evil, given the $34 ...

3h

Boss of car making giant Stellantis abruptly quits

The boss of car-making giant Stellantis, Carlos Tavares, has quit with immediate effect following a boardroom clash. His ...

Stellantis Shares Dive 8% After Tavares Leaves

Alfa Romeo is one of Stellantis's 14 brands - 1968 Alfa Romeo 1750 Spyder. (Photo by National Motor ... [+] Museum/Heritage ...

4hon MSN

Stellantis considers Picat and Filosa for CEO, says source

The board of Stellantis is considering its head of North American operations, Antonio Filosa, and procurement chief Maxime ...

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