Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising competition from Chinese car makers. His departure highlights the mounting challenges for legacy carmakers in the EV transition.

Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly "different views" between the executive and the board of directors.

Stellantis' Board of Directors, chaired by John Elkann, quickly accepted the Chief Executive Officer's sudden resignation announced on December 1

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Stellantis Chief Executive Carlos Tavares has resigned, the automaker said on Sunday, adding it aimed to find a new head in the first half of 2025.

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like Jeep and Ram and Citroën and Peugeot

Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly “different views” between the executive and the board of directors.

Stellantis has been under major scrutiny over the past year due to its extremely poor sales performances, with many of its brands, including its most popular ones, suffering from ailing sales. They were so bad,

(Reuters) -Paris-listed shares in Stellantis slumped by over 7% on Monday after chief executive Carlos Tavares resigned abruptly on Sunday. Stellantis said it would seek to find a replacement CEO in the first half of 2025 and would establish a new interim executive committee helmed by Chairman John Elkann.

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