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Stellantis CEO Tavares to resign

Hosted on MSN · 2h

Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right now

The auto industry is battling slowing EV demand, rising Chinese competition, and potential tariffs on Mexican imports.

Detroit Free Press on MSN · 1d

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.

As CEO Tavares leaves Stellantis, market speculates on successor

Carlos Tavares abruptly resigned on Sunday as CEO of Stellantis , two months after a profit warning, and the carmaker said it would seek to appoint a permanent successor in the first half of next year.

Samsung, Stellantis

Newsweek on MSN · 16h

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 · 1d

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.

USA Today · 15h

US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants

The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.

2hon MSN

Newly appointed North American chief Filosa among those considered for Stellantis CEO

Stellantis Chairman Elkann leads a committee of 10 to search for a successor to Carlos Tavares, who resigned on Sunday.

3h

Leadership Turmoil: What Tavares' Resignation Means For Stellantis

Stellantis CEO Carlos Tavares resigned amid strategic disagreements and financial mismanagement. Read more to see my ...

19hon MSN

Why Stellantis's CEO Is Out, and What That Means For the Stock

Until a new CEO is hired, the company will be led by an interim executive committee chaired by John Elkann. Elkann, the great ...

18hon 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 ...

5h

Stellantis’s Problem Is Ownership Not CEO, Italy’s Salvini Says

The problem at carmaker Stellantis NV is “more about its ownership” rather than former Chief Executive Officer Carlos Tavares ...

22hon 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 ...

19hon MSN

Stellantis shares drop after Carlos Tavares’s sudden exit as CEO

Stellantis' indicated Carlos Tavares' views had become misaligned with those held by the company's board and shareholders ...

21hon MSN

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 ...

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