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The Latest Breaking News from Carlos Tavares

'Yanking The Rug Out': Auto Industry Fears Losing EV Incentives

Today on Critical Materials: Repeal of EV incentives could send $89 billion in investments into the sun, BYD looks to Mexico, and Stellantis' disarray.

InsideEVs

Stellantis warns union of 2,000 or more potential job cuts at an auto plant outside Detroit

Stellantis is warning that it could lay off as many as 2,450 of the 3,700 union workers employed at a truck plant just outside of Detroit

The Independent UK

How Japan's Auto Industry Became Two Factions To Survive The EV War

As China's EV makers aim for world dominance, Japanese carmakers have been left in the dust. Can teaming up help them bounce back?

InsideEVs

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read the most diverse news in one place.

And So It Begins: Stellantis Offers Buyout Packages for US Employees

It's voluntary, but that could change if too few people take the package.

Motor1

Stellantis ships to Europe first fully electric cars produced in venture with China's Leapmotor

Carmaker Stellantis has shipped the first electric vehicles produced under a joint venture with China’s Leapmotor to Europe, with the first models to go on sale next month

The Independent UK

Too Many Ram Trucks Need Repairs Right off the Production Line

Stellantis CEO Carlos Tavares says fixing the issues might cause others.

Motor1

Stellantis Threatens to Drop Car Brands That Don't Make Money

Which of the 14 companies could get the axe?

Motor1

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Stellantis Has 'Significant Work To Do' in North America as Profits Plummet

CEO Carlos Tavares says a "perfect convergence" of issues is responsible for a nearly 50-percent drop in global profits.

Motor1

Carmaker Stellantis pledges to tackle problems in North America as profits plunge

Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere after reporting a plunge in first-half earnings

The Independent UK

Stellantis Is ‘Ready For The Fight’ Against Chinese EVs In Europe

With a new EV production line at the former Yugo factory in Serbia, the auto giant reckons it has what it takes. Will it succeed?

InsideEVs

An EV Is Cheaper To Own Than A Gas Car, Unless You Live In These States

We look at how an electric vehicle may bring down your cost of vehicle ownership, plus China's Leapmotor rises and Stellantis needs new cars.

InsideEVs

Elon Musk Says Optimus Will Make Tesla Worth Half Of The Entire S&P 500

Plus, automakers are worried about high new car inventory, and Stellantis doesn't want to be protected by EV tariffs.

InsideEVs

Stellantis boss blames his 'arrogance' for 3 mistakes in U.S. market

Stellantis CEO Carlos Tavares says he should have set up a task force before three crucial issues converged to hit the carmaker.

Fortune

Stellantis CEO cites failures in US operations, ready to compete head-on with Chinese EVs

Stellantis CEO Carlos Tavares has expressed dissatisfaction at the operation of some U.S. plants on Thursday as the automaker struggles with lower shipments and falling revenues

The Independent UK

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The Guardian - UK

Stellantis says it will ‘fight’ for electric car sales rather than hide behind tariffs

The owner of Vauxhall, Jeep and Fiat says it opposes EU measures against Chinese EVs and wants to compete ‘as a global company’

InsideEVs

Tesla Shareholders Stupefied Over Musk's Orders To Divert Nvidia Shipments To X

Today on Critical Materials: Tesla shareholders livid over Musk diverting GPUs, Stellantis looks in-house for EV parts, and Mercedes taps China for autonomy.

Fortune

Renault links up with Chinese partner to build $22,000 EV after VW broadside

Renault CEO Luca de Meo was critical of Volkswagen after talks over a joint affordable EV imploded.

Motor1

The $25,000 Jeep EV Is Real and It's Coming to the US

Stellantis CEO Carlos Tavares said it'll arrive "very soon."

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news in one place.

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InsideEVs

$25,000 Electric Jeep Is Coming Soon, Says Stellantis CEO

The U.S., “will have a $25,000 Jeep very soon,” Stellantis CEO Carlos Tavares said Wednesday at a Bernstein investor conference

Fortune

Stellantis CEO says 'EV race has become a cost-cutting race' in warning to EU autoworkers

Carlos Tavares said a price war would likely move automakers' supply chains outside of Europe.

InsideEVs

The Electric Car Tariff Battle With China Kicks Off August 1

Meanwhile, Stellantis' CEO calls tariffs a "trap", and BMW and Mercedes' plants in the U.S. could see tariff payback from China.

Fortune

Tyson Fury and Mo Salah outearn Europe’s highest paid CEOs—but top U.S. execs trail only Cristiano Ronaldo's $260 million haul

Stellantis CEO Carlos Tavares had a compensation package worth $39.4 million in 2023, lower than any of the world's top 50 sports stars.

The Guardian - UK

Vauxhall owner to sell cheap Chinese EVs in UK and mainland Europe

Stellantis deal with Leapmotor aims to cash in on imports as Biden imposes 100% tariff in US

Radio France Internationale

France's top CEOs earn 130 times more than their employees, says Oxfam

Anti-poverty charity Oxfam has called for a new law to combat the "indecent" gap between the salaries of France's highest-paid company executives and their staff, after its annual report revealed disparities were growing and an increasing number of people are living on the minimum wage.

International Business Times

Stellantis Boss Tavares Defends Pay Rise Ahead Of Shareholders' Vote

The vote at an annual general meeting in Amsterdam is non-binding but will be closely watched after several activist investors called for a vote against the salary. His wage was rejected in 2021.

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