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The Latest Breaking News from Carlos Tavares

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

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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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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’

The Guardian - UK

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.

InsideEVs

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.

Fortune

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

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

Motor1

$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

InsideEVs

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.

Fortune

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.

InsideEVs

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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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InsideEVs

Stellantis CEO Wants To Put EVs On A Diet

Today on Critical Materials: Stellantis says EVs must halve battery weight, Tesla looks at India, and Baltimore disaster will cost one car shipper $10 million.

InsideEVs

Tesla Q1 Sales Draw Grim Predictions From Wall Street Analysts

Analysts who have long been bullish on Tesla are now conservative as Elon Musk's brand is expected to release its Q1 2024 sales and earnings reports this week.

InsideEVs

White House To Probe 'Risks' Of Chinese Cars With Connected Tech

Today on Critical Materials: Feds to probe China's access to vehicle data, Stellantis CEO says it must make its batteries, and Aston Martin delays its first EV.

InsideEVs

GM Just Poached Tesla's All-Time-Great Battery Chief

Today on Critical Materials: GM poaches Tesla's battery chief, China will help EV manufacturers despite sanctions, and the UAW calls for higher import tariffs.

InsideEVs

GM Has 100,000 Reservations For Its EV Pickups

Today on Critical Materials: GM has 100,000 reservations for battery-powered pickups, EV shopping trumps traditional ICE, and Stellantis dealers rush for EVs.

InsideEVs

China's Automakers Would 'Demolish' Manufacturers If Not For Trade Barriers: Musk

Today on Critical Materials: Elon Musk says Chinese automakers would demolish the world if not for trade barriers, Tesla stock tanks, and Cybertruck slowdown not due to battery cells.

InsideEVs

'You Will Have A Bloodbath': Stellantis' Boss Warning On Tesla-Style EV Price Cuts

"I know a company that has brutally cut pricing and their profitability has brutally collapsed," Stellantis boss Carlos Tavares said of Tesla.

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