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The Latest Breaking News from Carlos Tavares

Ram CEO Tim Kuniskis: 'We're Getting Our Ass Kicked'

Ram is down by a whopping 24 percent in the United States through September. Things are so bad that the US Stellantis National Dealer Council sent an open letter to former CEO Carlos Tavares in September, blaming him for the "disaster" and "rapid degradation" of the American brands. But Tavares…

Motor1

'Everybody Wanted to Keep the Hemi' Except Stellantis Ex-CEO Tavares, Sources Say

Carlos Tavares is gone as Stellantis' CEO, and in the aftermath of his resignation, a number of company insiders have come forward to provide an autopsy on his time as chief executive. It's not pretty, but one part of the saga is particularly jarring. “Everybody wanted to keep [Hemi],” a source…

Motor1

Return of the King: Tim Kuniskis Is Back as Ram CEO

Retiring just months ago, Tim Kuniskis was the Fiat-Chrysler executive behind Dodge's meteoric rise as a performance brand between 2014 and 2023. With Stellantis in turmoil, he has now returned. Following the resignation of the conglomerate's CEO, Carlos Tavares, Kuniskis is back as the head of Ram Trucks, which he…

Motor1

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John Elkann: Italian Dynasty Heir At The Helm Of Stellantis

John Elkann, who is taking the wheel at Jeep and Fiat owner Stellantis after the ouster of its CEO, is the discreet but steely heir to an Italian dynasty associated with Juventus, Ferrari and The Economist.

International Business Times

Stellantis Stock Falls as CEO Departs: What Investors Should Know

STLA stock is down more than 2% after the resignation of CEO Carlos Tavares, and the company's inventory problems are likely to dampen investor interest

MarketBeat

Why General Motors Just Took A $5 Billion Hit In China

For much of this year, we've been covering the rise of the Chinese auto industry as primarily a problem for the European auto industry. Every car company has lost sales in their biggest market as the local competition got better and better, but Volkswagen and others have to do battle…

InsideEVs

Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits

Company is at loggerheads with Italian government, which claims it has not invested enough in the country

The Guardian - UK

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Volkswagen workers stage mass protest across Germany

Volkswagen employee representatives say workers should not bear the brunt of management’s failure to produce appealing products

The Independent UK

Stock Of The Day: Stellantis Faces Uncertainty, But Could Support Trigger A Rally?

Stellantis N.V. (STLA) are trading lower after the CEO resigned. They are getting close to a support level. Technical traders sense profits.

Benzinga

Stellantis’s Carlos Tavares: the hard-driving boss ejected from global carmaker

Firm rejects ruthless approach of former chief executive known for pushing for bigger profits

The Guardian - UK

Stellantis' Market Value Halves In 2024: Why CEO Tavares' Exit Could Take Things From Bad To Worse

Stellantis struggles in 2024, with stock down 47%, CEO Carlos Tavares' unexpected resignation and challenges in EV sales and competition. Analysts warn of leadership uncertainty and internal/external pressures.

Benzinga

FTSE 100 finishes in the green after hitting one-month high

The index rose after news of a jump in house prices in November, before falling back later in the day.

Evening Standard

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 a dead end.

International Business Times

Stock Market Today: Dow Jones Dips As Intel Fades After CEO Exit; This Warren Buffett Stock On 44% Run Clears Entry (Live Coverage)

The Dow Jones fell even as a Warren Buffett stock cleared an entry. Tesla rose on the stock market today but Intel gains faded.

Investors Business Daily

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The Independent UK

US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle battery plants

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

InsideEVs

Stellantis' CEO Is Gone Ahead Of 'A Big Year' With A Huge List Of Problems

I think now-former Stellantis CEO Carlos Tavares was an interesting figure for just how unpopular he was. Sure, very few top executives get to where they are by making friends everywhere they go. But Tavrares was somewhat unique in how much he managed to make everyone mad at him; the…

Top News

Stellantis CEO Carlos Tavares Resigns Amid Slumping Sales

Stellantis CEO Carlos Tavares resigns as the company faces declining sales and challenges in the automotive market. Search for new CEO underway.

Fortune

How Darwinism made and broke ‘samurai’ Stellantis CEO Carlos Tavares

Carlos Tavares is a self-confessed petrol head who turned around Peugeot but fell victim to a global EV downturn at Stellantis.

Evening Standard

Shares in Vauxhall owner Stellantis tumble after top boss quits abruptly

The car-making giant announced plans last week to shut its Luton van-making factory next April, putting more than 1,100 jobs at risk.

InsideEVs

Stellantis CEO Carlos Tavares Quits Amid Strategy Dispute

Carlos Tavares has suddenly resigned from his position as Chief Operating Officer at Stellantis, one of the largest car manufacturers in the world. The decision was announced yesterday evening and the board of directors has already accepted Tavares’ resignation.

International Business Times

Stellantis CEO Tavares Pushed Out As Profit Slumps

Stellantis chief executive Carlos Tavares on Sunday resigned "with immediate effect", the auto giant announced, signalling differences over how to confront the group's profit slump.

The Guardian - UK

Stellantis chief executive Carlos Tavares resigns as carmaker struggles

Company, which makes Jeep, Fiat and Peugeot vehicles, says it aims to find new leader in first half of 2025

Motor1

Stellantis Boss Carlos Tavares Suddenly Resigns

The first and only Stellantis CEO, Carlos Tavares, resigned today. Although the automotive conglomerate is in dire straits, the announcement is still shocking. Less than two months ago, a press release stated that the controversial Portuguese businessman would end his five-year contract in early 2026. However, that won’t be the…

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