Tavares was forced out a year before the end of his contract due to falling profits and what appears to be his failure to cut ...

Carlos Tavares, CEO of the Amsterdam-based Stellantis, which has its North American headquarters in Auburn Hills, resigned Sunday amid reports of declining profits, poor U.S. sales, and tension ...

Carlos Tavares, a self-proclaimed "performance psychopath" who drove auto giant Stellantis with aggressive cost-cutting and high car prices, reached the end of the road as CEO when his strategy hit a ...

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 ...

Stellantis's Italy sales were down 24.6% to 30,817 vehicles in November compared to the same month in 2023, the carmaker said ...

Stellantis and Valeo are among the auto companies that flagged layoffs and site closures announced in recent months.

The company says a new interim executive committee, led by chairman John Elkann, will be established in the meantime.

Board seeks successor by first half of 2025 as automaker grapples with production cuts and delayed model launches.

Tavares, who had led Stellantis since it was forged in January 2021 from the combination of Peugeot-owner PSA and Fiat ...

Tavares became CEO of Stellantis in January 2021, overseeing the merger of France's PSA Group and Italy's Fiat Chrysler ...

Stellantis CEO Carlos Tavares quit on Sunday. His successor at the company that also owns Dodge, Ram, Alfa Romeo and Fiat ...