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Stellantis, Jeep

Business Insider on MSN · 1h

Stellantis' CEO is out after a tumultuous year. Here's how things got so bad at the Jeep maker.

Stellantis CEO Carlos Tavares resigned from his position after months of pressure from various stakeholders to fix falling sales.

Investopedia · 4h

Stellantis Stock Sinks After Jeep Maker's CEO Resigns

Stellantis shares tumbled following the carmaker's announcement that CEO Carlos Tavares resigned, effective immediately.

The Verge on MSN · 3h

Stellantis CEO Carlos Tavares resigns from struggling carmaker

Carlos Tavares is stepping down as Chief Executive Officer of Stellantis, effective immediately, following a sharp decline in the carmaker’s sales. As the Wall Street Journal notes, in July, the company reported that its net profit for the first half of the year had dropped by 48 percent compared to 2023.

Stellantis, Samsung

MarketWatch · 2h

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.

Newsweek on MSN · 2h

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.

The New York Times · 7h

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.

1hon 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 ...

2h

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

Stellantis CEO Carlos Tavares resigns abruptly after company struggles for months

Carlos Tavares, who had been under fire and was expected to leave at the end of his contract, resigned abruptly on Sunday.

1hon MSN

How Stellantis CEO’s Cost-Cutting Mantra Cost Him His Job

Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.

5h

Tavares clashed with Stellantis board over revival plan, sources say

Outgoing CEO Carlos Tavares clashed with Stellantis' board over his plans to quickly turn around the ailing U.S. business by ...

2hon MSN

These Stocks Are Moving the Most Today: Super Micro, Intel, Tesla, Stellantis, Nvidia, Upstart, Gap, and More

Stocks were mostly higher Monday, kicking off December after both the S&P 500 and the Dow Jones Industrial Average finished ...

3h

Michigan, OSU fined after fights • Stellantis CEO resigns • President Biden pardons son Hunter

After several fights broke out on the field following Michigan's win over Ohio State,, both schools are now facing a big fine ...

1hon MSN

Stellantis considers Picat and Filosa for CEO, says source

The board of Stellantis is considering its head of North American operations, Antonio Filosa, and procurement chief Maxime ...

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