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, according to Italian Deputy Premier Matteo Salvini.
Italian deputy PM blames Agnelli family for Stellantis problems
Matteo Salvini, Italy's deputy prime minister and minister of infrastructure and transport, has criticised the Agnelli family over car maker Stellantis' problems, as the company continues to struggle with weaker sales and falling demand.
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.
Stellantis says process to appoint new permanent CEO ‘well under way’
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Stellantis Stock Tumbles After CEO Resigns. This Sealed His Fate.
While Stellantis stock has fallen sharply in 2024, that wasn’t what led to Sunday’s announcement that CEO Carlos Tavares had resigned. “Our thanks go to Carlos for his years of dedicated service and the role he has played in the creation of Stellantis,
Stellantis says goodbye to 'performance psychopath' CEO
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
Stellantis chief’s exit pay deal to be below last year’s €36.5mn package
Former chief executive Carlos Tavares and Stellantis agreed an exit pay deal below his €36.5mn package last year, with a large part of his performance-based remuneration lost because of the car ...
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Car giant Stellantis urged to put Italy’s interests first amid crisis
In today’s edition of the Capitals, find out more about Stellantis being urged to put Italy’s interests first amid the crisis ...
Stellantis denies report about picking Apple's Maestri as new CEO
Stellantis' Chairman John Elkann plans to name Luca Maestri, the outgoing CFO of Apple, as the new CEO of the Italian-French ...
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Stellantis sales in Italy down 24.6% in November
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 Keeps Slashing Car Output in Italy Over EV Slump
Stellantis NV is reducing output in Italy starting next week due to weak demand for the electric and luxury cars it’s ...
Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say
Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares ...
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Stellantis to halt production in Italy amid investment discussions – report
The Termoli engine plant will pause from 16 to 22 December, while the Cassino auto factory will halt on 29 November.
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Stellantis Market Value Halves In 2024: Why CEO Tavares' Exit Could Take Things From Bad To Worse
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 steps down as carmaker continues struggle with slumping sales
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like ...
Stellantis’ 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 ...
Italy’s deputy prime minister blames billionaire heir for Vauxhall owner crisis
Italy’s deputy prime minister has hit out at Vauxhall parent Stellantis, saying its problems are as much the fault of ...