The Latest Breaking News from Carlos Tavares

The European carmaker is still looking for a new head after Carlos Tavares resigned in December, following a year of slumping sales. Investors rewarded the former CEO with a controversial pay package on Tuesday.

To say Maserati is in the red would be a major understatement. Sales plummeted by 57 percent last year when only 11,300 people bought a car bearing the Trident logo. And 2025 isn't shaping up much better, as the high-end Italian marque has already fallen another 48 percent through March…

Stellantis is already wounded. The conglomerate watched as sales and revenue nosedived through 2024, eventually leading to the abrupt resignation of its former CEO, Carlos Tavares. This was supposed to be a year of rebuilding for the company, but with Trump's steep tariffs now in effect and no indication of…

Lancia is one of several Stellantis brands struggling to stay afloat. For years, it was confined to a single market: Italy. However, with last year’s launch of the new Ypsilon, the brand also expanded its presence beyond the country shaped like a boot. Following a long hiatus, Lancia returned to…

The Dodge, Ram, and Jeep lineups are deficient in one crucial thing—Hemi V-8 engines. Yes, the 5.7- and 6.2-liter V-8s continue to power the current-generation Durango, and the Jeep Wrangler 392 exists with the 6.4, but the engine is missing from other important models like the new Charger and 1500. However,…

Carlos Tavares suddenly abandoned the Stellantis ship in December, even though his five-year contract wasn’t set to expire until early 2026. The first and only CEO of Stellantis had held the position since 2021, when Fiat Chrysler Automobiles (FCA) and Peugeot Citroën (PSA Group) officially tied the knot, finalizing their…

Data from AI agent CoPilot shows inventory has fallen faster than prices in the last year for Jeep, Ram, and Chrysler cars.

I have to admit that I wasn't expecting yesterday's Lucid Motors' fourth-quarter earnings call to be an especially interesting one. The company has its marching orders: ramp up production of the Lucid Gravity SUV in particular, double car production overall and move its groundbreaking electric vehicle technology to a new…

It may be almost March, but sales figures for last year are still coming in. Predictably, Maserati had a terrible year, and after seeing the numbers, many would argue it was actually worse than expected. Today, parent company Stellantis released full-year results, showing the company with the trident logo fell…

When Carlos Tavares suddenly resigned on December 1 last year, Stellantis named an Interim Executive Committee to lead the automotive conglomerate during the transitional period until a new Chief Executive Officer is named. The Special Committee of the Board of Directors will announce the next CEO in the first half…

Dodge, Jeep, Ram, and Chrysler all had significant sales declines in 2024. As a result, the FCA side of Stellantis fell 15 percent. Unsurprisingly, dealers were none too happy about it. The US Stellantis National Dealer Council sent a strongly worded letter to Carlos Tavares, blaming him for steering the…