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Stellantis, Tavares
Stellantis boss abruptly quits in boardroom clash
The boss of car-making giant Stellantis, Carlos Tavares, has quit with immediate effect following a boardroom clash. His abrupt exit from the company - which owns brands including Vauxhall, Jeep, Fiat, Peugeot and Chrysler - comes two months after Stellantis issued a profit warning.
Stellantis CEO Carlos Tavares Has Abruptly Resigned
The company will be run by an executive committee headed by Stellantis Chairman John Elkann before a new CEO is selected in the first half of 2025.
Stellantis CEO Carlos Tavares resigns amid ‘different views’ with board
Stellantis NV CEO Carlos Tavares resigned Sunday amid the automaker’s recent declining profits, sharply falling sales this year in the United States and mounting criticism from dealers and unions in recent months.
Boss of car making giant Stellantis abruptly quits
Carlos Tavares' abrupt exit comes two months after Stellantis issued a profit warning. Last week, the firm also announced plans to close its Vauxhall van making factory in Luton,
CEO of fourth-largest automaker Stellantis resigns
The CEO of the automaker Stellantis, which produces well-known vehicles such as Jeep and Chrysler, is resigning effective immediately, the company said Sunday. In a statement, the automaker, which is fourth largest in the world by sales behind Toyota,
Samsung, Stellantis
Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.
US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants
The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV battery plants.
Stellantis-Samsung JV gets $7.5 billion U.S. government loan for EV battery plants in Indiana
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric-vehicle battery plants in Kokomo, Ind.
1h
on MSN
Stellantis dealers glad Tavares is out, but now concern grows for the future
Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...
12h
on MSN
Stellantis CEO Tavares quits: Why his EV bet sparked his departure
Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising ...
5h
on MSN
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 ...
1h
Stellantis Battery Joint Venture To Get $7.6 Billion Federal Loan For Two Indiana Plants
While the name might not ring a bell, StarPlus Energy is a joint venture between FCA US and Samsung SDI. If the loan is ...
10h
on MSN
Stellantis’ shares drop after Carlos Tavares’ sudden exit as CEO
Stellantis' indicated Carlos Tavares' views had become misaligned with those held by the company's board and shareholders ...
7h
Seeking higher margins, Stellantis CEO Tavares lost some core customers
Tavares, who had led Stellantis since it was forged in January 2021 from the combination of Peugeot-owner PSA and Fiat ...
Green Car Reports
20h
Biden admin loans Stellantis and Samsung $7B for Indiana battery factory
If approved, the loan will fund two battery plants in Kokomo, Indiana, being built under the StarPlus Energy joint venture ...
AFP on MSN
4h
Stellantis says goodbye to 'performance psychopath' CEO
Carlos Tavares, a self-proclaimed "performance psychopath" who drove auto giant Stellantis with aggressive cost-cutting and ...
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