By Giulio Piovaccari, Alessandro Parodi and Inti Landauro MILAN (Reuters) – When 24-year-old Elena Aragon started shopping for a new car, she checked out the brands without filters in her hometown of Cadiz, Spain, including Stellantis’ Fiat and Peugeot. Finally, he bought a Hyundai. “The special models of Fiat and Peugeot did not appeal to … Read more
NEW YORK (AP) – Stellantis CEO Carlos Tavares is stepping down after nearly four years at the helm of the automaker, which owns brands such as Jeep, Citroën and Ram, amid growing concerns. The fourth-largest automaker announced that its board had accepted Tavares’ resignation on Sunday, effective immediately. Stellantis noted on Sunday that the process … Read more
NEW YORK (AP) – Stellantis CEO Carlos Tavares is stepping down after nearly four years at the helm of the automaker, which owns brands such as Jeep, Citroën and Ram, amid an ongoing battle with declining sales. The world’s fourth-largest automaker said its board of directors on Sunday accepted Tavares’ resignation, effective immediately. Stellantis noted … Read more
Stellantis CEO Carlos Tavares, pictured in January 2023, was made chief executive when PSA merged with Fiat-Chrysler to form a new group (Robyn BECK) Stellantis CEO Carlos Tavares resigned on Sunday “with immediate effect”, the car giant announced, citing differences over how to deal with the group’s declining profits. The Italian-US-French company, whose brands include … Read more