The Latest Breaking News from Carlos Tavares

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…

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…

Speaking to dealers at the National Automobile Dealers Association (NADA) convention in New Orleans, Stellantis confirmed the new combustion-powered Dodge Charger Sixpack will finally reach dealers "by summer 2025." A specific date wasn't announced, but if we take this literally, expect it to arrive no later than June 20.

Stellantis’s Belvidere site has been mothballed since February 2023 after the carmaker temporarily discontinued production of the Jeep Cherokee crossover.

The 2025 Detroit Auto Show was very different from those of recent memory. Formerly the North American International Auto Show, this was once a world-leading venue brimming with new vehicle debuts, concept cars, and executives hanging out in million-dollar display booths ready to brag about their companies.