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. Tavares started his career in the car industry with Renault before becoming chief executive of the old Peugeot-Citroen (PSA) group in 2014.

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 Italian-U.S.-French company, whose brands include Fiat, Peugeot-Citroen, Opel, Maserati, Chrysler, Ram and Jeep, said in a statement that the board had accepted the resignation…

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales.

Carlos Tavares will leave immediately, days after announcing plans to close a Vauxhall plant in Luton

Stellantis Chief Executive Officer Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this…

Shares of the maker of Jeep SUVs and Fiat cars are down 38% in the past 12 months

Stellantis CEO Carlos Tavares (pic above, left) yesterday resigned with immediate effect, way earlier than his scheduled 2026 retirement. The company has begun the process of appointing his replacement, “to be concluded within the first […]