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The Latest Breaking News from Carlos Tavares

About 1,100 workers at Toledo, Ohio, Jeep plant face layoffs as company tries to reduce inventory

About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes further steps to cut high inventory at dealers

The Independent UK

Stellantis reports slump in car sales as European demand falls

Stellantis reports slump in car sales as European demand falls

Owner of Fiat, Chrysler and Peugeot brands pushes back against rules that force sale of more electric vehicles

The Guardian - UK

Is China cannibalising the EU car industry?

Is China cannibalising the EU car industry?

Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise

The Guardian - UK

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Italian Automotive Sector Faces Challenges Amidst National Strike

Italian automotive workers strike as Stellantis faces financial challenges and production uncertainties.

Italian autoworkers go on strike, as troubled Stellantis faces pressure over production plans

Workers in Italy’s troubled automotive sector are holding a national strike for the first time in 20 years, with a massive demonstration being held in the center of Rome

The Independent UK

Struggling Stellantis Brands Only Have a Few Years to Save Themselves

The future of Chrysler, Lancia, and co. will be decided as early as 2026.

BMW chief says EU combustion engine ban will shrink car industry

Oliver Zipse tells Paris motor show 2035 cutoff point for CO2-emitting cars is ‘no longer realistic’

The Guardian - UK

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Maserati Is in the Red

Maserati Is in the Red

According to Stellantis CEO Carlos Tavares, the company is bleeding money—but not because of the cars.

Vauxhall owner to make decision on future of UK plants ‘in next few weeks’

Vauxhall owner to make decision on future of UK plants ‘in next few weeks’

Stellantis chief says company is nearing decision on Ellesmere Port and Luton amid row over EV quotas

The Guardian - UK

Stellantis CEO Faces Scrutiny Over Company's Strategy

Stellantis CEO Faces Scrutiny Over Company's Strategy

Italian lawmakers raise concerns over Stellantis' strategy amid profit warning and industry challenges.

Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles

Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles

Italian lawmakers on Friday questioned the head of troubled French-Italian automaker Stellantis over the group’s strategy, one day after it announced a management shakeup in an effort to revive sales

The Independent UK

Stellantis ousts CFO after just 18 months in U.S. overhaul

Stellantis ousts CFO after just 18 months in U.S. overhaul

CEO Carlos Tavares faced pressure as the carmaker fights low sales in the U.S. and a bloated inventory.

Stellantis CEO Carlos Tavares Will Step Down in Early 2026

Stellantis CEO Carlos Tavares Will Step Down in Early 2026

Meanwhile, a management shakeup results in one man becoming the CEO of Alfa Romeo and Maserati.

Automaker Stellantis Says CEO Will Retire In 2026

Automaker Stellantis Says CEO Will Retire In 2026

The struggling auto giant Stellantis said late Thursday that its CEO Carlos Tavares will retire in 2026 when his contract runs out and it is now looking for a successor.

International Business Times

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Stellantis CEO Plans Management Rejig After Profit Warning: Report

Stellantis CEO plans to make management changes amid financial battles of the company, Bloomberg reported.

Stellantis has ‘misplaced belief in its own pricing power’: Bernstein

Dealers in the U.S. say Stellantis cars are too expensive, locking out customers.

International Business Times

Stellantis CEO Plans Management Rejig After Profit Warning: Bloomberg Reports

Stellantis CEO plans to make management changes amid financial battles of the company, Bloomberg reported.

Chrysler and Dodge face mortal peril under Stellantis. It’s time for a change

Chrysler and Dodge are in a code red situation under Stellantis—but a hard-core fan base in America remains, says Frank B. Rhodes Jr.

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Tesla Scored A Win Against BYD

Tesla still managed to knock out BYD in global EV sales. Plus, we look at Maserati's marketing woes and new anti-China moves in Europe.

Stellantis Sales Continue to Plummet

Every American brand was down in the third quarter.

Stellantis Needs A Turnaround. But The Fix Is Far From Clear

Who should be next to lead the European-American conglomerate, and what must they do? Plus, GM educates dealers on EVs.

Stellantis becomes second carmaker to issue profit warning in 4 days as China rivalry bites

Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own board.

Stellantis Has Way Too Many Unsold Cars

It wants to lower inventory by offering bigger discounts on older cars.

Stellantis CEO's Answer To EV Tariffs: Just Be More Like China

Stellantis wants to catch up with the burgeoning EV industry by adopting a low-cost mindset as Chinese carmakers.

Italian Automotive Workers To Strike Over Stellantis Production Decline

Italian automotive workers to strike over Stellantis production decline and CEO change.

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