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Stellantis Stock Tumbles

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,

Inc · 5h

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.

Opinion

Houston Chronicle · 5h

Commentary: Stellantis CEO Carlos Tavares Is Gone

CEO Carlos Tavares has stepped down from his position. In a Stellantis press release, the company said the Board of Directors accepted Tavares resignation, adding "in recent weeks different views have emerged which have resulted in the Board and the CEO coming to today's decision.

Samsung, Stellantis

The Verge on MSN · 3h

Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories

The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery factories in the US. This time, a joint venture between Stellantis and Samsung SDI will receive $7.

USA Today · 20h

US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants

The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.

MarketWatch · 23h

Stellantis-Samsung JV Gets $7.54 Billion DOE Loan to Build EV Battery Plants -- OPIS

The U.S. Department of Energy on Monday announced a conditional commitment for a loan of up to $7.54 billion to StarPlus Energy to help finance its plan to build two electric vehicle battery plants that would supply almost 700,

Chrysler’s History Of Rough Marriages As Stellantis CEO Quits

Chrysler has gone through a series of rough corporate marriages. What's next after Stellantis CEO Carlos Tavares suddenly ...

7hon MSN

Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right now

The auto industry is battling slowing EV demand, rising Chinese competition, and potential tariffs on Mexican imports.

Stellantis Needs To Put America First - A Tough Sell To Its European Shareholders

Stellantis’ shareholder structure, including European governments and family owners, lacks alignment on prioritizing the U.S.

20h

Stellantis dealers glad Tavares is out, but now concern grows for the future

Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...

11h

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 ...

3hon MSN

Newly appointed North American chief Filosa among those considered for Stellantis CEO

The source said the board would also consider external candidates for the job.Start the day smarter. Get all the news you ...

1don MSN

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 ...

1don MSN

Tavares clashed with Stellantis board over revival plan, sources say

Outgoing CEO Carlos Tavares clashed with Stellantis' board over his plans to quickly turn around the ailing U.S. business by cutting costs, rather than focusing on long-term strategy, investors and ...

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Stellantis Stock Tumbles

Samsung, Stellantis

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