Billionaire Fiat heir assumes control of Jeep and Ram parent Stellantis after embattled CEO Carlos Tavares exits
John Elkann, 48, is heir to the illustrious Agnelli family that founded Fiat, the closest thing Italy has to royalty and often compared to the Kennedys due to its history of fame, charisma and tragedy.
Carlos Tavares Steps Down as CEO of Jeep-Maker Stellantis
The global automaker’s sales in North America declined over the past year because of high-cost models that dealers struggled to sell.
Stellantis CEO Carlos Tavares Resigns
Stellantis Chief Executive 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 percent of its value this year.
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
Stellantis Chief Executive 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 year. The company said it would seek to find a replacement CEO in the first half of 2025.
Stellantis workers react to CEO stepping down
After serving as CEO of Stellantis for nearly four years, Carlos Tavares is resigning from his role with the automotive manufacturing company. According to a release from the company, Tavares' resignation was accepted by the Company’s Board of Directors and is effective immediately.
Stellantis CEO Tavares Pushed Out As Profit Slumps
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.
Breakingviews: New Stellantis CEO’s first job is a US reset
Carlos Tavares is out. The Stellantis CEO’s abrupt departure on Sunday arguably qualifies as a necessary evil, given the $34 ...
C.E.O. of Stellantis, Which Owns Chrysler and Jeep, Resigns
The chief executive of the automaker Stellantis, Carlos Tavares, has resigned, the company said on Sunday, amid a decline in ...
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 ...
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.
Stellantis Crisis: Elkann's Request for Hearing in Parliament
Alberto Gusmeroli, president of the Chamber of Deputies' Productive Activities Commission, expressed the need for a hearing ...
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 ...
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Stellantis Shares Dive 8% After Tavares Leaves
Chairman John Elkann will take over as interim CEO. Investment bank UBS said the timing of Tavares’ exit was a surprise, ...
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Stellantis CEO Carlos Tavares Departs Abruptly, Is Anyone Even the Least Bit Surprised?
Stellantis' Board of Directors, chaired by John Elkann, quickly accepted the Chief Executive Officer's sudden resignation ...
Wall Street Breakfast Podcast: Tavares Exits As Stellantis Sales Slump
Stellantis CEO Carlos Tavares resigns amid sales slump. Fidelity marks up value of its stake in Elon Musk's X by 32%: report.
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Carlos Tavares resigns amid company struggles and leadership disputes.
Stellantis CEO Carlos Tavares has stepped down effective immediately, ending nearly four years at the helm of the automaker ...
Who Would Want to Run a Western Automaker?
It’s appropriate that Carlos Tavares accepts responsibility for unforced errors at Stellantis, but managing a car company is ...
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Fired! Stretched out automotive group loses its mentor
The Board of Directors of Stellantis (Peugeot, Citroën, Opel, Jeep, Fiat, etc.) has accepted the resignation of CEO Carlos ...